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A helping hand for the invisible hand: the FCA’s approach to competition and innovation
Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at Competition Policy 2018: The relationship between antitrust, innovation and investment, Chatham House, London. -
FCA appoints executive directors to co-lead Enforcement and Market Oversight
The Financial Conduct Authority (FCA) has appointed Therese Chambers and Steve Smart as joint Executive Directors of Enforcement and Market Oversight. -
New Chair appointments to FCA’s Smaller Business Practitioner Panel and Consumer Panel
The Financial Conduct Authority (FCA) has appointed Helen Charlton as the Chair of the Financial Services Consumer Panel, and Andy Mielczarek as the Chair of the FCA Smaller Business Practitioner Panel, succeeding Wanda Goldwag and Marlene Shiels -
A changing landscape: the FCA’s strategic priorities for the pensions sector
Speech by Edwin Schooling Latter, Director of Markets and Wholesale Policy at the FCA, delivered at Pensions and Benefits UK 2019. -
FCA analysis reveals there are fewer than 1 million interest-only mortgages outstanding
The number of interest-only (750,000) and part-interest-only (245,000) mortgages has halved since 2015, new FCA analysis has found -
GC16/1: Proposed guidance on voluntary redress schemes under the Competition Act 1998
Under changes made by the Consumer Rights Act 2015, we have new powers under the Competition Act 1998 (CA98) allowing us to approve a redress scheme in relation to an infringement ... Therefore, consumers, and organisations that advocate consumer -
GAP insurers agree to suspend sales following FCA concerns over fair value
The FCA has today announced that multiple insurance firms have agreed to pause sales of Guaranteed Asset Protection (GAP) insurance, following a request from the FCA. -
FCA Statement on fair treatment of long-standing customers in the life insurance sector
This work will be in addition to the new duty to make rules, proposed by HM Treasury and currently being considered by parliament, to cap exit charges on customers cashing in, ... The FCA will work with the eleven firms to address the specific findings -
Review of later-life mortgages finds poor advice and misleading promotions
The review looked at firms responsible for around half of all lifetime mortgage sales. -
FCA finds fund managers’ value assessments significantly improved, but still work to do
Following a review of fund managers’ value assessments, we found that while many firms have better practices in place, some still require improvement.