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  1. Payday firm CFO Lending to pay £34 million redress

    Press Releases Published: 19/09/2016 Last modified: 27/06/2019
    Payday firm, CFO Lending, has entered into an agreement with the Financial Conduct Authority (FCA) to provide over £34 million of redress to more than 97,000 customers for unfair practices. The redress consists of £31.9 million written-off
  2. The FCA publishes Decision Notice for Andrew Tinney, former Barclays Wealth senior director

    Press Releases Published: 14/09/2016 Last modified: 06/03/2017
    The Financial Conduct Authority (FCA) has today published a Decision Notice in respect of Mr Andrew Tinney, formerly Chief Operating Officer of Barclays Wealth and Investment Management (BWA). This sets out the FCA’s finding that Mr Tinney should
  3. The FCA fines and prohibits financial adviser for failing to act with integrity and for failing to be open and honest with the regulator

    Press Releases Published: 01/09/2016 Last modified: 06/03/2017
    The Financial Conduct Authority (FCA) has today banned Elizabeth Anne Parry from performing any function in relation to any regulated financial activity and fined her £109,400 for lying repeatedly to the regulator when asked about her qualification
  4. FCA statement on Consultation Paper 12/20: Review of the client money rules for insurance intermediaries

    Statements Published: 16/08/2016 Last modified: 01/02/2017
    The Financial Conduct Authority (FCA) has today written to firms providing an update on Consultation Paper 12/20: Review of the client money rules for insurance intermediaries, where it had proposed some changes to the rules and guidance in Chapter
  5. Cenkos Securities fined for failure to maintain the high standards required of a firm providing Sponsor Services

    Press Releases Published: 09/08/2016 Last modified: 06/03/2017
    The Financial Conduct Authority (FCA) has today fined Cenkos Securities plc (Cenkos) £530,500 for failures in its sponsor services business.  Cenkos failed to have appropriate systems and controls in place across its sponsor services business, and,
  6. FCA statement on redress methodology for pension transfers

    Statements Published: 03/08/2016 Last modified: 17/01/2017
    The Financial Conduct Authority (FCA) has today announced that it intends to consult in autumn 2016 to update the methodology used to calculate the levels of redress due in cases of unsuitable advice on transfers from defined benefit (DB)
  7. FCA provides update on PPI

    Press Releases Published: 02/08/2016 Last modified: 26/06/2019
    FCA provides update on PPI. Press Releases First published:. 02/08/2016. Last updated: 26/06/2019. FCA provides update on PPI. The Financial Conduct Authority (FCA) has today confirmed that it believes that, overall, the package of proposals on
  8. FCA publishes second consultation paper on the Markets in Financial Instruments Directive II implementation

    Press Releases Published: 29/07/2016 Last modified: 29/07/2016
    FCA publishes second consultation paper on the Markets in Financial Instruments Directive II implementation. Press Releases First published:. 29/07/2016. Last updated: 29/07/2016. Share page. FCA publishes second consultation paper on the Markets
  9. FCA publishes final findings of credit card market study

    Press Releases Published: 26/07/2016 Last modified: 26/07/2016
    FCA publishes final findings of credit card market study. Press Releases First published:. 26/07/2016. Last updated: 26/07/2016. Share page. FCA publishes final findings of credit card market study. The Financial Conduct Authority (FCA) has today
  10. Enterprise Insurance Company indicates it is insolvent

    Statements Published: 25/07/2016 Last modified: 22/11/2017
    The Provisional Liquidator of Enterprise Insurance Company Limited (Freddie White, appointed 25 July 2016) has today (30 September 2016) written to all insurance brokers to advise that he intends to terminate all Enterprise Insurance policies on 26