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Showing 2381 to 2390 of 2649 search results for vulnerable customers.
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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. -
FCA cancels payday lender’s interim permission, bans director and refuses application to conduct regulated business
The Financial Conduct Authority (FCA) has banned Andrew Barry Hart, the sole director, controller and ultimate owner of Wage Payment and Payday Loans Limited (WPPL), from performing any role in regulated financial services. The FCA has also -
PS15/14: Restrictions on the retail distribution of regulatory capital instruments
In this paper we set out the rules we are implementing following our consultation on restrictions on the retail distribution of regulatory capital instruments (contingent convertible securities (CoCos) and mutual society shares). -
TR13/2 - Mobile phone insurance - ensuring a fair deal for consumers
We undertake thematic projects to assess current and future risks in relation to a particular issue or product. This may be across a number of firms, within a specific part of the sector, or at market level. -
Dear CEO letter: Non-bank payment service providers – requirements for safeguarding of customer funds [pdf]
What we expect of electronic money institutions (EMIs) and authorised payment institutions (APIs) in relation to their safeguarding obligations. -
TR15/10: Fair treatment for consumers who suffer unauthorised transactions
We found that firms are generally meeting their legal requirements and are making a good effort to deliver fair outcomes for their customers. ... Firms tend to err on the side of the customer when reviewing claims and we did not find evidence of firms -
FCA confirms plans to deliver redress to over 1,000 former British Steel Pension Scheme members
The FCA has published final rules for a redress scheme for former members of the British Steel Pension Scheme (BSPS) who received unsuitable advice to transfer out. -
FCA asks for proposals on how open finance could transform financial services
The Bank of England, PRA and FCA have published coordinated consultation papers on new requirements to strengthen operational resilience in financial services. -
FCA secures confiscation order totalling £5 million against illegal money lender
On 11 December 2019, Southwark Crown Court made a confiscation order against Dharam Prakash Gopee in the sum of £5,118,018.72. The effect of the order is to confiscate all his criminal proceeds as an illegal money lender. Mr Gopee was also ordered -
Statement on the CMA’s response to the Citizens Advice super-complaint on excessive prices for disengaged consumers
The Competition and Markets Authority (CMA) has published its response to the Citizens Advice super-complaint on excessive prices for disengaged consumers. The super-complaint covers several markets, including insurance, cash savings and mortgages.