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Horizon Insurance Company Limited has been placed into administration
On 19 December 2018, Horizon Insurance Company Limited, the Gibraltarian motor insurance company, was placed into administration. -
Securitisation Regulation: PRA and FCA joint statement on reporting of private securitisations
This statement sets out how the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) propose to direct the manner in which firms must make information regarding ‘private’ securitisations available to their UK competent -
Santander UK Plc (Santander) fined £32.8m for serious failings in its probate and bereavement process
The Financial Conduct Authority (FCA) has fined Santander £32,817,800 for failing to effectively process the accounts and investments of deceased customers. -
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. -
FCA announces proposals to fundamentally reform the way banks charge for overdrafts and extends protections for other high-cost credit products
The FCA has announced the next package of measures forming part of its high-cost credit review. -
The financial services contracts regime
The Government's legislation for the financial services contracts regime (FSCR) will enable firms who do not enter the temporary permissions regime to wind down their UK business in an orderly fashion. -
New rules for claims management companies to boost consumer protection and professionalism
The Financial Conduct Authority (FCA) today published new rules and fees that will apply to all claims management companies (CMCs) from April 2019. That’s when the FCA takes over responsibility for regulating the firms, which help thousands of -
FCA and PSR Boards appoint new members to decision-making committees
FCA and PSR Boards appoint new members to decision-making committees. Press Releases First published:. 14/12/2018. Last updated: 14/12/2018. FCA and PSR Boards appoint new members to decision-making committees. The Financial Conduct Authority (FCA) -
FCA introduces new rules on handling complaints about Authorised Push Payment fraud
The FCA has published new rules allowing victims of Authorised Push Payment (APP) fraud to complain to the payment services provider (PSP) receiving their payment. -
FCA bans Angela Burns from acting as a non-executive director and fines her for her failure to declare conflicts of interest
The Financial Conduct authority (FCA) has banned Angela Burns from acting as a non-executive director (NED) and fined her £20,000 for failing to act with integrity at two mutual societies.