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Speech: The economic challenge of regulating the mortgage market
And firms largely control the context and nature of their interaction with customers. -
Review on disclosure of costs by asset managers
We have reviewed how asset managers calculate and disclose transaction costs and how effective overall cost disclosures are. -
The FCA launches review into price comparison websites
Question firms about revenue generation to look at whether the customer or profit is really at the heart of a business model;. -
FCA appoints new Chair at the Financial Ombudsman Service
Baroness Zahida Manzoor CBE has been appointed Chair of the Financial Ombudsman Service. The appointment was made by the FCA Board with the approval of HM Treasury. -
FCA review of automatic renewal of fixed term bonds
We have completed one aspect of our work on automatic renewal, which looked into firms’ contract terms and practices regarding automatic renewal of fixed term bonds. -
Regulatory change for firms as Brexit transition period ends
As of 11pm on 31 December 2020, the transition period ended and EU laws no longer apply in the UK. For many financial services businesses, this means changes to existing systems and services. -
FCA confirms price cap rules for payday lenders
Customers must repay within a reasonable period. Lenders cannot make a demand in less than 30 days. -
CP19/27: Quarterly Consultation Paper No 25
Once a quarter, the FCA consults on proposed miscellaneous amendments to its Handbook. -
FCA proposes new rules for credit card firms to help millions of customers get out of persistent debt
The FCA is today proposing new rules to help customers who are in persistent credit card debt. This follows the FCA’s study of the UK credit card market, which found significant concerns about the scale, extent and nature of problem credit card -
MCE Insurance Company Limited enters administration
The Gibraltar Financial Services Commission has announced that MCE Insurance Company Limited has entered into administration.