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Showing 721 to 730 of 769 search results for risk during LIBOR.
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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 -
FCA fines Lloyds Bank, Bank of Scotland and The Mortgage Business £64,046,800 for failures in mortgage arrears handling
The FCA has fined Lloyds Bank, Bank of Scotland and The Mortgage Business £64,046,800 for failures in mortgage arrears handling. The banks estimate they will have paid £300 million in customer redress. The redress programme is nearly complete. -
Cost of Living: good and poor practice in the general insurance market
We have reviewed how home and motor insurers are supporting customers in financial difficulty and handling claims. We found examples of good practice, but also areas where firms need to improve. -
Assessing liquidity for orderly wind-down: good and poor practices from general insurance brokers
We set out findings of our multi-firm review of general insurance brokers, where we have identified areas for improvement which firms can learn from. -
Alsford Page & Gems Limited censured and agrees to pay extended warranty insurance customers £399,902
We have publicly censured Alsford Page & Gems Limited and they will pay compensation totalling £399,902. -
PS22/10: Strengthening our financial promotion rules for high-risk investments and firms approving financial promotions
Our final policy and handbook rules for high-risk investments subject to our financial promotion rules and for firms communicating and approving financial promotions. -
How innovation and regulation in financial services can drive the UK's economic growth
Speech by Sheldon Mills, Executive Director, Consumers and Competition delivered at the CityUK Annual Conference 2023. -
FCA fines Towergate and former director Timothy Philip for client and insurer money failings
In addition, the firm’s failings placed insurer money at risk of loss. ... However, had the firm become insolvent during the period when the shortfall existed, insurers were at risk of losing money and may have experienced complications in recovering -
What firms and customers can expect from the consumer duty and other regulatory reforms
Speech by Sheldon Mills, Executive Director, Consumers and Competition, delivered at City and Financial Global. -
FCA fines former Head of JP Morgan’s CIO International £792,900 for failing to be open and co-operative
Mr Macris subsequently asked that daily risk reports for the synthetic credit portfolio be produced and in the following days took other measures, such as requesting assistance from outside CIO and ... Mr Macris should have appreciated that, by failing