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Showing 601 to 610 of 673 search results for particular needs of their vulnerable customers.
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The future of open banking and the Joint Regulatory Oversight Committee
On 5 June 2023, the Joint Regulatory Oversight Committee set out an ambitious programme of work to take forward recommendations for the next phase of open banking in the UK. This includes the creation of two regulator-led working groups. The groups -
Pension transfers or switches with a view to investing pension monies into unregulated products through SIPPs - Further alert
In the cases we have seen, customers’ existing arrangements were invariably traditional pension plans invested in mainstream funds or final salary schemes, with the customer generally having no experience of ... Generally speaking, we found very poor -
An update on our approach to authorisation and our Brexit preparations
Speech by Sarah Rapson, Director, Authorisations at the Association of Professional Compliance Consultants (APCC) Autumn Conference. -
FCA publishes the findings of its work into annuities sales practices and retirement income market
We want to see firms improving the way they communicate with their customers. ... The FCA identified particular areas of concern in relation to enhanced annuities, where customers are often not informed of shopping around or encouraged to do so to get a -
Consumer Investments: Strategy and Feedback Statement
The FCA sets out its view of consumer harm in this market and its 3-year strategy to address this. -
Business interruption insurance test case: draft guidance for firms
FCA publishes draft guidance for firms on the business interruption insurance test case -
Almost 4,000 customers due redress totalling £1.7 million from payday firm CashEuroNet, says FCA
The 3,940 affected customers will receive redress totaling £1.7 million as follows:. ... Customers do not need to take any action. CashEuroNet will start contacting customers immediately and plans to complete the redress exercise within the next 60-90 -
FS19/04: Fair Pricing in Financial Services: summary of responses and next steps
This Feedback Statement (FS) follows the publication of our Discussion Paper (DP) on Fair Pricing in Financial Services in October 2018. -
Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation
We are determined that firms need to take the matter of manipulation of any benchmark seriously and will be working with firms to seek out any issues that may remain.’. ... Using our new power we want to tackle harm to consumers who are most at risk -
Effective compliance with the Market Abuse Regulation – a state of mind
whom the FCA needs to engage as competent authority to enhance the efficacy of the regime in the UK. ... We need to take all the steps we can to prevent market abuse from taking place within our markets.