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FCA confirms further support for consumer credit customers
The FCA has today confirmed the support users of certain consumer credit products will receive if they are still experiencing temporary payment difficulties due to coronavirus. -
FCA gives update on banks’ overdraft pricing decisions and plans to support consumers
Our new rules on overdrafts address both how much the most vulnerable were being charged for unarranged overdrafts, and the level of fees and charges that many arranged overdraft customers were paying on top of interest rates. -
Gefion Insurance A/S withdrawal of licence to operate
Withdrawal of Gefion Insurance licence to operate -
Approved Persons Regime (APR) and coronavirus: our expectations
We set out our expectations to help benchmark administrators and firms using Appointed Representative (AR) arrangements apply the Approved Persons Regime (APR) during coronavirus (Covid-19). -
FCA research reveals 1.1million spike in cryptoasset buyers
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High Court finds against illegal pension introducers, Avacade and others
Today the High Court ruled in favour of the FCA in a civil action against 2 firms and their directors who provided pension services to consumers without FCA authorisation. -
FCA statement on Wirecard
The FCA's primary objective all along has been to protect the interests and money of consumers who use Wirecard. -
Elevate Credit International Limited enters administration
On 29 June, Elevate Credit International Limited, trading as Sunny (and also previously under the ‘1 Monthly Loan’ and ‘Quid’ brands), was placed into administration. Edward George Boyle and David John Pike from KPMG UK LLP were appointed as -
The Climate Financial Risk Forum publishes its guide to help the financial industry address climate-related financial risks
The Climate Financial Risk Forum (CFRF) has published a guide written by industry for industry to help firms approach and address climate-related financial risks. -
FCA publicly censures Redcentric PLC for market abuse
The FCA has today issued a public censure to to Redcentric PLC (Redcentric) for committing market abuse between 9 November 2015 and 7 November 2016.