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FCA announces proposals to update Dual-regulated firms Remuneration Code
Our proposals aim to ensure that the FCA’s remuneration regime applicable to banks, building societies and PRA-designated investment firms. -
FCA consults on new rules to improve open-ended property fund structures
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 -
New guidance to help firms do more for vulnerable consumers
The FCA has set out new best practice guidance for firms to do more to protect vulnerable consumers. -
FCA to ban motor finance discretionary commission models
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 -
Statement on mortgage prisoners and consultation on intra-group switching and maturing interest-only and part-and-part mortgages
The FCA has published a statement on mortgage prisoners, and a consultation paper containing proposals designed to support some consumers within the mortgage market. -
FCA launches enhanced Financial Services Register to protect consumers
The FCA has today launched its updated Financial Services (FS) Register – including a simpler design and clearer language. -
FCA, PRA and Bank of England launch Complaints Scheme consultation
FCA, PRA and Bank of England launch Complaints Scheme joint consultation. -
FCA seeks views on extending the implementation deadlines for the Certification Regime and Conduct Rules
The FCA has published a consultation paper on making changes to its rules following the extension to the deadline by which FCA solo-regulated firms need to have implemented the Certification Regime. -
FCA provides guidance to firms on maintaining access to cash for customers
The FCA wants to ensure that firms treat their customers fairly when closing a branch or ATM, including considering what alternatives they can provide their customers. -
FCA and City Corporation collaborate to help innovative companies drive recovery from coronavirus
The FCA and the City of London Corporation will collaborate on the pilot of a ‘digital sandbox’ to support innovative firms tackling challenges caused by the coronavirus pandemic.