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  1. Statement on non-damage BI settlements and deductions in relation to government support

    Statements

    Published: 03/08/2020

    Last modified: 24/03/2021

    Following the conclusion of the test case trial on 30 July, the FCA is currently awaiting the High Court judgment on the test case to resolve uncertainty about insurers’ liability for certain business interruption insurance policies. 
  2. FCA announces proposals to update Dual-regulated firms Remuneration Code

    News stories

    Published: 03/08/2020

    Last modified: 03/08/2020

    Our proposals aim to ensure that the FCA’s remuneration regime applicable to banks, building societies and PRA-designated investment firms.
  3. FCA consults on new rules to improve open-ended property fund structures

    Press Releases

    Published: 03/08/2020

    Last modified: 17/11/2023

    The FCA is consulting on proposals to reduce the potential for harm to investors from the liquidity mismatch in open-ended property funds. The new rules as proposed would require investors to give notice – potentially of up to 180 days - before
  4. FCA sets out views on Employer Salary Advance Schemes

    Statements

    Published: 30/07/2020

    Last modified: 13/08/2026

    Our statement explaining our view of the risks and benefits of Employer Salary Advance Schemes (ESAS) and what employers and employees should consider when using them.
  5. New guidance to help firms do more for vulnerable consumers

    Press Releases

    Published: 29/07/2020

    Last modified: 25/09/2020

    The FCA has set out new best practice guidance for firms to do more to protect vulnerable consumers.
  6. FCA to ban motor finance discretionary commission models

    Press Releases

    Published: 28/07/2020

    Last modified: 18/02/2021

    FCA will introduce a ban on discretionary commission models. Currently, some car retailers and motor finance brokers receive commission which is linked to the interest rate that customers pay – creating an incentive to sell more expensive credit
  7. Statement on mortgage prisoners and consultation on intra-group switching and maturing interest-only and part-and-part mortgages

    News stories

    Published: 28/07/2020

    Last modified: 29/11/2021

    The FCA has published a statement on mortgage prisoners, and a consultation paper containing proposals designed to support some consumers within the mortgage market.
  8. FCA launches enhanced Financial Services Register to protect consumers

    Press Releases

    Published: 27/07/2020

    Last modified: 27/07/2020

    The FCA has today launched its updated Financial Services (FS) Register – including a simpler design and clearer language.
  9. Statement on updated guidance for insurance and premium finance firms

    Statements

    Published: 24/07/2020

    Last modified: 24/07/2020

    The FCA proposes extending a series of temporary measures to help customers who hold insurance and premium finance products.
  10. FCA, PRA and Bank of England launch Complaints Scheme consultation

    News stories

    Published: 20/07/2020

    Last modified: 20/07/2020

    FCA, PRA and Bank of England launch Complaints Scheme joint consultation.
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