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Wirecard has announced that it is winding-down its business
On 28 August 2020 Wirecard announced that it was intending to wind-down its FCA-regulated business. The business will continue to trade while alternative arrangements are being made with its card providers. -
Capital distribution and accounting update on LF Equity Income Fund (formerly LF Woodford Equity Income Fund)
On 18 January 2020, Link Fund Solutions Ltd (LFS), the Authorised Corporate Director (ACD) of the LF Equity Income Fund (LFEIF), started winding up the fund. -
Statement on accounting for lease modifications (amendment to IFRS 16)
We are announcing temporary relief for issuers who choose to use the amended IFRS 16 during the coronavirus (Covid-19) pandemic and its aftermath. -
Data Provision under the Civil Liability Act 2018
The Civil Liability Act 2018 imposes a duty on insurers to provide information to the FCA about the effect that changes to the law under the Act will have on motor insurance premiums. -
FCA announces proposals to update Dual-regulated firms Remuneration Code
Our proposals aim to ensure that the FCA’s remuneration regime applicable to banks, building societies and PRA-designated investment firms. -
Statement on non-damage BI settlements and deductions in relation to government support
Following the conclusion of the test case trial on 30 July, the FCA is currently awaiting the High Court judgment on the test case to resolve uncertainty about insurers’ liability for certain business interruption insurance policies. -
FCA sets out views on Employer Salary Advance Schemes
Our statement explaining our view of the risks and benefits of Employer Salary Advance Schemes (ESAS) and what employers and employees should consider when using them. -
Statement on mortgage prisoners and consultation on intra-group switching and maturing interest-only and part-and-part mortgages
The FCA has published a statement on mortgage prisoners, and a consultation paper containing proposals designed to support some consumers within the mortgage market. -
Statement on updated guidance for insurance and premium finance firms
The FCA proposes extending a series of temporary measures to help customers who hold insurance and premium finance products. -
Fake Financial Services Register website
We are aware that there has been an attempt to reproduce our Financial Services Register on a non-FCA website. The fake domain is www.thefca.net.