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FCA makes final appointment to ExCo with Georgina Philippou as Chief Operating Officer
FCA makes final appointment to ExCo with Georgina Philippou as Chief Operating Officer. ... The Financial Conduct Authority’s Acting Chief Executive Tracey McDermott today announced the final appointment to the FCA’s Executive Committee with Georgina -
Bounce Back Loan Scheme: guidance for firms on use of Pay as You Grow options
We are consulting on proposed guidance for firms that will be providing Pay as You Grow options under the Government’s Bounce Back Loan Scheme. -
PS19/16: High-Cost Credit Review: Overdraft policy statement
These are the final rules we are introducing to reform the overdraft market. -
PS21/9: Implementation of Investment Firms Prudential Regime
This is the second of the Policy Statements we will issue to introduce the Investment Firm Prudential Regime. -
Acting flexibly and treating customers fairly in the face of a pandemic
Speech on the FCA’s priorities for the credit market, by Jonathan Davidson, Executive Director of Supervision – Retail and Authorisations. -
FCA reminds firms to regularly review regulatory permissions
We are reminding firms of their obligation to regularly review regulatory permissions to ensure they are up to date and removed where they are not needed. -
Letter: Notice to provide information - non-financial misconduct [pdf]
Letter: Notice to provide information - non-financial misconduct. -
Wonga to pay redress for unfair debt collection practices
The poor practice was uncovered by the former consumer credit regulator, the OFT, in 2011 in response to formal Notices requiring Wonga to disclose certain information about its debt collection practices. -
FCA to move faster to remove unused firm permissions
The FCA has published draft guidance on a new power that allows it to move faster to remove regulatory permissions that are no longer being used by financial services firms. -
CP21/35: Quarterly Consultation Paper No. 34
Once a quarter, we consult on proposed miscellaneous amendments to our Handbook.