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The Financial Conduct Authority takes disciplinary action against five individuals and three firms in relation to solicitors’ professional indemnity insurance and other insurance schemes’ failures
The Financial Conduct Authority (FCA) has fined five individuals and two firms a total of £15.5m, in addition to banning four of those individuals, for significant integrity and competence failings. -
Financial watchdog consults about protections for insurance customers in financial difficulty
The FCA is proposing to update guidance, introduced during the Covid-19 pandemic, to support insurance customers in financial difficulty. -
Highlights of the FCA’s new approach in 2021
Our mission is to protect consumers from harm, enhance the integrity of the UK’s financial system and promote competition. We are continuing to pursue these objectives while also working to become a more innovative, adaptive and assertive regulator -
FCA publishes Annual Report 2015/16 and report of its competition activities since 2013
Overall, it was provisionally found that competition is working fairly well for most consumers. ... On 1 April 2014, the FCA took over responsibility for consumer credit regulation. -
Regulating in a recovery
Speech by John-Griffith Jones, FCA Chairman, at the CASS Business School, London. This is the text of the speech as drafted, which may differ from the delivered version. -
Gyms and golf clubs
Find out what permissions you'll need to apply to the FCA for authorisation, and what the FCA expects to see in your application. -
The Financial Conduct Authority’s Statement on Payment Protection Insurance (PPI)
2016 – hence PPI consumers would have until at least spring 2018 to complain (Note 4). ... it does not incentivise consumers to check whether they had or have PPI or progress complaints in a timely fashion. -
Financial Lives 2022 survey - Key findings from the May 2022 survey: Executive summary
Executive summary for the key findings from the FCA’s Financial Lives February 2022 survey. -
Occasional Paper No. 3: How does selling insurance as an add-on affect consumer decisions?
Occasional Paper No. 3: How does selling insurance as an add-on affect consumer decisions? ... Occasional Paper No. 3: How does selling insurance as an add-on affect consumer decisions?. -
Speech: Darwin and an evolution in price discrimination
And, some economically non-discriminatory prices such as those for pensioners’ travel insurance and genetically determined medical insurance are often seen as problematic. ... A market that ‘works well’ will be competitive, have integrity and