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FSA secures High Court victory against illegal land banking firm, Asset Land
The Financial Services Authority (FSA) has won a key victory in the battle against unauthorised businesses after the High Court declared that David Banner-Eve, Stuart Cohen, Asset Land Investments Plc and Asset L.I. Inc. ran an illegal land bank by -
Clarifying our supervisory intentions: overall responsibility for the legal function under the Senior Managers Regime
It has come to our attention that there is uncertainty as to whether an individual in charge of a firm’s legal function requires approval under our Senior Managers regime. This statement:describes our plans to consult on this area; and makes clear -
FG16/6: Payment Accounts Regulations 2015 - definition of a 'payment account'
In March 2016 we consulted on guidance on the definition of a 'payment account' under the Payment Accounts Regulations 2015 (PARs). We have now published the finalised guidance. -
British Steel Pension Scheme transfers: action from the FCA, FOS and FSCS
The FCA, Financial Ombudsman Service (FOS) and FSCS report on joint action to help former British Steel Pension Scheme members get the retirement they worked for. -
FCA launches consultation on changes to its FSCS rules and invites discussion on future funding of the scheme
The Financial Conduct Authority (FCA) has today announced that it is inviting views on the future funding of the Financial Services Compensation Scheme (FSCS) and has also launched a consultation on a number of specific changes to its scheme rules. -
Insurance brokers: serving consumers and businesses in times of uncertainty and change
Speech by Sheldon Mills, Executive Director, Consumers and Competition, delivered at the British Insurance Brokers' Association (BIBA) Conference. -
FCA announces further proposals to support mortgage borrowers impacted by coronavirus
In September, we announced tailored support for borrowers affected by coronavirus (Covid-19) after 31 October, which it would keep under review as the pandemic evolved. -
PS19/27: Changes to mortgage responsible lending rules and guidance – feedback on CP19/14 and final rules
CP19/14: Mortgage customers: proposed changes to responsible lending rules and guidance -
FCA publishes further information about restrictions placed on Micro-E C.I.C
We have published a First Supervisory Notice for Micro-E C.I.C. -
FS20/8: Business interruption insurance test case: feedback on draft guidance
These feedback statement is for the FCA draft guidance on the FCA's expectations for insurers and insurance intermediaries when handling claims and complaints for business interruption policies during the test case brought by the FCA.