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Speech: Culture in UK banking – regulatory priorities
One is a review of existing economic literature on behaviour in organisations and what it means for compliance.The other seeks to draw lessons on compliance from the world of tax. ... Pursuing this thought, let me finish on a practical point. The Centre -
FCA to host events for British Steel Pension Scheme Members
The Financial Conduct Authority (FCA) is to host a series of events for British Steel Pension Scheme Members (BSPS). These are designed to provide information for members concerned about the advice they may have received when they transferred their -
Speech: Darwin and an evolution in price discrimination
For example, in insurance it already raises interesting issues about risk pooling and pricing. ... The deferred opt-in for Guaranteed Asset Protection Insurance is a related example of altering the choice architecture. -
Five sentenced in FCA prosecution of £2.8m investment fraud
Operation Tidworth was the FCA’s second largest ever criminal prosecution. The instigator and main beneficiary of the fraud, Michael Nascimento, will be sentenced separately on 14 September 2018. -
FCA statement on fair treatment of long standing customers in life insurance
The work on fair treatment of long standing customers in life insurance is a supervisory piece of work. ... This work will commence in the summer and we will be speaking to firms about how we can undertake that review. -
FCA acts to address unclear and excessive motor finance costs
The Financial Conduct Authority (FCA) is considering changes to the way in which commission works in the motor finance sector after uncovering serious concerns about the way in which lenders are choosing to reward car retailers and other credit -
Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation
This will include looking at how firms are implementing the Mortgage Market Review, ensuring that firms have embedded the recommendations made in 2013 regarding motor legal expenses insurance and mobile phone ... insurance and reviewing the sales -
FCA publishes interim findings of study into retirement income market
The Financial Conduct Authority (FCA) has today published the interim findings of the Retirement Outcomes Review. Launched in July 2016, this is the first major comprehensive study into how the retirement income market is changing since the pension -
British Steel Pension Scheme redress calculations
Find out how the redress calculations will be made, and what to do if you think any of the information used is wrong. -
FCA and Hong Kong Insurance Authority sign Fintech co-operation agreement
The Financial Conduct Authority (FCA) announces today that it has entered into a co-operation agreement with the Hong Kong Insurance Authority (IA) to enhance collaboration in supporting Fintech innovation.