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Showing 1621 to 1630 of 1909 search results for under the Consumer Duty.
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FCA consults on use of new powers to support orderly wind down of critical benchmarks
Today the FCA has published a consultation on its proposed policy framework for exercising two of its new powers under the Benchmarks Regulation (BMR), which will be introduced by the Financial Services Act 2021. These powers relate to the use of -
ICAP Europe Limited fined £14 million for significant failings in relation to LIBOR
IEL agreed to settle at an early stage of the investigation and therefore qualified for a 30% discount under the FCA's settlement discount scheme. ... Benchmark reference rates such as LIBOR also affect payments made under a wide range of other contracts -
Financial Lives 2020 survey: the impact of coronavirus
The Executive Summary for the FCA’s Financial Lives 2020 survey and October 2020 Covid-19 panel survey. -
Barclays fined £59.5 million for significant failings in relation to LIBOR and EURIBOR
The Financial Services Authority (FSA) has today fined Barclays Bank Plc (Barclays) £59.5 million for misconduct relating to the London Interbank Offered Rate (LIBOR) and the Euro Interbank Offered Rate (EURIBOR). This is the largest fine ever -
FCA publishes outcome of testing behavioural remedies to address under repayment of credit card debt
The FCA has published the outcome of a programme of behavioural research. The research looked at different ways repayment options can be presented to credit card customers to encourage those making low repayments to repay more when they can afford -
PS13/5 Implementation of the Alternative Investment Fund Managers Directive
We are setting out our rules for implementing the Alternative Investment Fund Managers Directive (AIFMD) and responding to the feedback to our consultation. -
FCA agrees MoUs with ESMA and EU regulators to allow cooperation and exchange of information
The Financial Conduct Authority (FCA) has agreed Memoranda of Understanding (MoUs) with ESMA and EU regulators. -
FCA warns of increased risk of online investment fraud, as investors lose £87k a day to binary options scams
The FCA has urged the public to be vigilant to the threat of online investment fraud. -
Strategic Review of Retail Banking Business Models: Annexes to the Final Report 2022 [pdf]
All banks have come under pressure from the low interest rate environment, increased competition, changing consumer expectations and regulatory costs arising due to Covid, and most have experienced lower returns over the last three years (2018-2020) -
PS18/21: SME access to the Financial Ombudsman Service - near-final rules
Following publication of this Policy Statement with near-final rules, we have now published final rules. Our final rules, which are unchanged from our near-final rules, extend access to the Financial Ombudsman Service (‘the ombudsman service’)