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Showing 21 to 30 of 30 search results for Wonga to pay redress for unfair.
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Payday lender Cash Genie to provide £20 million redress to over 92,000 customers
Following discussions with the FCA, in July 2014 Cash Genie formalised its commitment to investigate past practices and pay redress to consumers under a voluntary requirement. ... For all closed accounts affected by the unfair fees, rollovers and annual -
FCA fines Standard Life Assurance Limited £30 million for non-advised pension sales failures
The Financial Conduct Authority (FCA) has today fined Standard Life Assurance Limited (SLAL) £30,792,500 for failures related to non-advised sales of annuities. -
Payday lenders failing customers in arrears, says FCA
This documentation included medical evidence and letters from debt advisors providing crucial information about why some customers were failing to pay. ... In some cases, investigations are ongoing and the regulator is working with firms to determine -
Building a common language in the mortgage market
Speech by Linda Woodall, Director of Mortgages and Consumer Lending FCA at the Council of Mortgage Lenders (CML) - Mortgage Industry Conference and Exhibition. This is the text of the speech as drafted, which may differ from the delivered version. -
The retrospective application of rules: feedback on the call for examples
We asked firms to provide examples of the retrospective application of regulatory rules -
Connaught Income Series 1 Fund — update to investors
To give a running commentary on our progress would be unfair to the subjects of our investigations and anything we say could, once all the evidence is gathered, turn out to ... However, until it is concluded, no decision can be taken on whether to -
TR15/3: Arrears and Forbearance in High-Cost Short-term Credit
Where we found rule breaches and unfair practices, we intervened swiftly to ensure failings were addressed and that firms improved their practices; firms have also agreed to pay redress to customers. -
The Financial Conduct Authority fines FXCM UK £4 million for making ‘unfair profits’ and not being open with the FCA
The Financial Conduct Authority fines FXCM UK £4 million for making ‘unfair profits’ and not being open with the FCA. ... Once it became aware of the investigation in August 2011, the FCA stepped in to review FXCM UK and secure redress for affected -
Financial watchdog cracks down on problem firms and supports struggling borrowers
In the past year, the FCA has reduced harm to consumers and businesses by stopping 627 firms, that failed to meet the minimum standards, from operating. -
Consumer Duty implementation: good practice and areas for improvement
What firms are doing well and what they could do better.