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791. Annual Percentage Rate of Charge (APRC) calculations

     Statements

     Published: 01/06/2023

     Last modified: 01/06/2023

     Update (June 2023) for firms which clarifies and confirms expectations of our MCOB rules.

792. US dollar LIBOR panel – 1 month to go

     News stories

     Published: 31/05/2023

     Last modified: 31/05/2023

     FCA issues final messages before the important end-June 2023 deadline.

793. Monneo Ltd enters special administration

     News stories

     Published: 30/05/2023

     Last modified: 30/05/2023

     On 30 May 2023, a special administration order was made by the Court in relation to Monneo Ltd under the Payment and Electronic Money Institution Insolvency Regulations 2021.

794. Joint statement from FCA, PRA and Bank of England on the government’s proposed amendments to the CCP run-off regime

     Statements

     Published: 26/05/2023

     Last modified: 26/05/2023

     FCA and PRA are responsible for the supervision of regulated banks to which certain central counterparties (CCPs) provide services. The Bank of England is responsible for the supervision of CCPs in the UK.

795. Lenders to pay out up to £47m in redress to borrowers in difficulty

     Press Releases

     Published: 25/05/2023

     Last modified: 25/05/2023

     We are consulting on proposals to incorporate the temporary coronavirus tailored support guidance (TSG) for credit and mortgages into the Handbook on a permanent basis.

796. FCA finds young investors are more likely to have long-term goals in mind when dating than when investing

     Press Releases

     Published: 24/05/2023

     Last modified: 24/05/2023

     Our latest InvestSmart campaign encourages young investors to adopt the same principles to investing as they do to their dating lives.

797. Two brothers convicted for taking £750,000 out of failed investment firm 

     Press Releases

     Published: 22/05/2023

     Last modified: 23/05/2023

     Collateral offered peer-to-peer style investments on a website fraudulently claiming it was FCA-authorised.

798. We force third firm to reverse effect of misleading British Steel Pension Scheme offers

     News stories

     Published: 19/05/2023

     Last modified: 22/05/2023

     The FCA has acted against another firm seeking to avoid liabilities under the British Steel Pension Scheme (BSPS) redress scheme.

799. FCA and PSR Boards appoint new members to decision-making committees

     Press Releases

     Published: 18/05/2023

     Last modified: 18/05/2023

     The FCA and PSR Boards have appointed two new Deputy Chairs - Margaret Obi and Edward Sparrow - to the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC).

800. Help is available for those who need it, says FCA

     Press Releases

     Published: 17/05/2023

     Last modified: 17/05/2023

     The FCA reminds borrowers they can get help from their lenders if they are struggling to keep up with payments, as it found the number of people struggling to meet bills and credit repayments has risen by 3.1m since May 2022 (10.9m, compared to 7.8m