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Showing 771 to 780 of 816 search results for our proposed new Consumer Duty.
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Financial Conduct Authority consults on widening access to the Financial Ombudsman Service for small businesses
The FCA has launched a consultation on plans to give more small businesses access to the Financial Ombudsman Service. This follows a review of the protections available to small and medium sized enterprises as users of financial services. -
DP15/6: Possible FCA Handbook changes to reflect the introduction of the Innovative Finance ISA and the regulated activity of advising on peer-to-peer agreements
It will be necessary for us to review our proposed approach once that legislation is made. ... Our existing rules protect consumers investing in this part of the crowdfunding market by focusing on the provision of information to consumers. -
PS15/7: Feedback and policy statement on CP14/21 in relation to joint sponsor proposals
Our feedback, final rules and Technical Note in response to our consultation on joint sponsors set out in CP14/21 Feedback and Policy Statement on CP14/02, Consultation on joint sponsors and call for views on sponsor conflicts. -
Rent-to-own provider BrightHouse to provide over £14.8 million in redress to around 249,000 customers
Following engagement with the FCA, BrightHouse has committed to pay over £14.8 million (in the form of cash payments and balance adjustments) to 249,000 customers in respect of 384,000 agreements for lending which may not have been affordable and -
The FCA sets out in detail how it will regulate consumer credit, including payday lending, when it takes over responsibility in April 2014
The key elements of the proposed consumer credit regime are:. Affordability checks for every credit agreement to ensure that only consumers that can afford a loan can get a loan. ... Late 2013. Consultation on plain language guidance on the new consumer -
TR16/2: Fair treatment of long-standing customers in the life insurance sector
Our findings will primarily be of interest to life insurers who have closed-books. ... We invite your views on our proposed non-Handbook guidance to firms. -
Understanding approaches to D&I in financial services
The FCA observed how financial services firms are designing and embedding diversity and inclusion strategies. The observations give an overview of initiatives to improve diversity and inclusion, which industry leaders can consider in reviewing their -
Clydesdale Bank fined £8.9 million for failing to treat its mortgage customers fairly
This process has been agreed with the FCA, which has an objective to secure an appropriate degree of protection for consumers. ... For most people mortgage payments are their biggest monthly outgoing and we all budget on the assumption that the -
FCA consults on rules and guidance to improve conduct and communications in payment services and e-money firms
The Financial Conduct Authority (FCA) is consulting on rules and guidance to improve conduct standards and communications in the payment services and e-money sectors. -
Former Group Treasurer and Head of Tax at Morrisons plc sentenced to 12 months imprisonment for insider dealing
Paul Coyle, the former Group Treasurer and Head of Tax at Wm Morrison Supermarkets plc, pleaded guilty to two counts of insider dealing and has been sentenced to 12 months imprisonment. He was also ordered to pay £15,000 towards prosecution costs