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FCA fines LBGI £90 million for failures in communications for home insurance renewals between 2009 and 2017
The FCA has fined LBGI (Lloyds Bank General Insurance Limited, St Andrew’s Insurance Plc, Lloyds Bank Insurance Services Limited and Halifax General Insurance Services Limited) £90,688,400 for failing to ensure that language contained within -
Scammers target over £2 million in pension pots in the last five months
The FCA are urging anyone saving for their retirement to protect their savings. -
FCA, PRA and Bank of England set out plan to improve diversity and inclusion in regulated firms
The FCA, PRA and Bank of England have opened a discussion with stakeholders on ambitious plans to improve diversity and inclusion in financial services, to achieve better outcomes for consumers and across markets. -
Fund managers falling short on assessing the value of their funds
Our review of fund managers found most had not implemented AoVs arrangements that met FCA standards. -
FCA consults on reforms to improve the effectiveness of UK primary markets
The FCA has today launched a consultation on a series of proposed reforms to improve the effectiveness of UK primary markets, alongside a discussion of how we might continue to develop the regime to ensure the UK remains a competitive and dynamic -
FCA confirms measures to raise standards in the funeral plans market
To enhance consumer protection in the funeral plans market, the FCA has confirmed the rules funeral plan providers will have to follow when they come under regulation from 29 July 2022. -
FCA urges victims to come forward after Court orders compensation for victims of illegal investment scheme
For investors who bought shares in Pearl Island International LLC, Paragon Private Wealth LLC, Berkeley Brookes LLC or Atlantic Equity LLC -
PRA and FCA publish policy statement on bilateral margin requirements for uncleared derivatives
The Prudential Regulation Authority and FCA have published a joint policy statement relating to margin requirements for non-centrally cleared derivatives. -
FCA review finds weaknesses in some ‘host’ Authorised Fund Management firms’ governance and operations
The Financial Conduct Authority (FCA) has called for so-called ‘host’ Authorised Fund Managers (AFMs) to improve their standards following a review of firms published today. -
FCA fines Crosfill & Archer Claims Limited £110,000
The FCA has fined claims management company, Crosfill & Archer Claims Limited, £110,000.