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Information relating to claims management company (CMC) authorisation - October 2021
The FCA responds to questions on the FCA’s register and claims management company (CMC) authorisation. -
Occasional Paper No. 7: Stimulating Interest: Reminding savers to act when rates decrease
Reminders make a notable difference to switching behaviour in savings accounts around the time of interest rate decreases. -
Half a million consumers paying less credit card interest following FCA intervention
Nearly 600,000 people are now paying less in interest and charges on their credit card debt because of changes made by the FCA. -
Prudential Regulation Authority and Financial Conduct Authority consult on proposals to improve responsibility and accountability in the banking sector
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have today published two joint consultation papers aimed at improving individual responsibility and accountability in the banking sector. -
Yorkshire Building Society Group to refund £8.4m in arrears administration fees
processes for dealing with mortgage customers who had fallen behind in their payments. ... YBS will send out letters to approximately 33,900 current and former customers to apologise for the situation, outline the refund process and explain how much each -
FCA finds small firms need to manage financial crime risks more effectively
The Financial Conduct Authority (FCA) has found that many small banks and commercial insurance intermediaries fail to effectively manage financial crime risk. -
FCA publishes Decision Notice against Paul Reynolds deciding to ban him and fine him £290,344
The Financial Conduct Authority (FCA) has today published a Decision Notice against Paul Reynolds (formerly known as Paul Brian Reynolds). -
PS21/15: Regulation of funeral plans: Feedback to CP21/20 and final rules
We set out our final and near final rules on funeral plans regulation, including new guidance for providers on their arrangements for trust-backed funeral plans. -
CP14/10: Proposals for a price cap on high-cost short-term credit
We expect the cap to lead to a reduction in lending and some customers who have previously taken out high-cost short-term loans will no longer get them. -
FCA publishes Decision Notices against two individuals for acting without integrity in relation to pensions business
The FCA has decided to ban Stephen Joseph Burdett and James Paul Goodchild from working in regulated financial services for recklessly exposing pension holders to unsuitable investments.