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Bank of England and Financial Conduct Authority agree Memoranda of Understanding (MoUs) with EIOPA and EU insurance supervisors
The Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA) and European Insurance and Occupational Pensions Authority (EIOPA) are announcing today that they have agreed Memoranda of Understanding (MoUs) regarding supervisory -
FCA takes action for contempt of court
On Friday 1 March, The High Court of Justice sentenced Robert John McKendrick to 6 months imprisonment for contempt of court. Mr McKendrick had diverted funds and failed to disclose information about his assets in breach of freezing injunctions -
Changes to the Board of the Financial Conduct Authority announced
Consumer expert Richard Lloyd has been appointed as a Non-Executive Director to the Board of the Financial Conduct Authority (FCA). -
FCA acts to address unclear and excessive motor finance costs
The Financial Conduct Authority (FCA) is considering changes to the way in which commission works in the motor finance sector after uncovering serious concerns about the way in which lenders are choosing to reward car retailers and other credit -
Important information for British Steel Pension Scheme members
The FCA is looking into the suitability of the advice that firms gave to members of the British Steel Pension Scheme (BSPS). We want to ensure that former members of the scheme know about their rights to make a formal complaint to the Financial -
FCA confirms proposals in the event of a no-deal Brexit
The Financial Conduct Authority (FCA) has published near-final rules and guidance that will apply in the event the UK leaves the EU without an implementation period. As most of the changes proposed will be made under powers given to the FCA under -
FCA calls on firms to act following review of costs and charges disclosure in the investment sector
The Financial Conduct Authority (FCA) has today published the key findings of supervisory work to assess the effectiveness of disclosure by asset managers and intermediaries, such as wealth managers, to their retail customers. This work was prompted -
FCA releases updated guidance on EU departure preparations
The Financial Conduct Authority (FCA) has published updated information to help support regulated firms in finalising their preparations for as smooth a transition as possible when the UK leaves the EU. -
Countrywide Land Holdings Limited, Regional Land and Consolidated Land UK Limited land banking schemes - information for investors
In 2013, the FCA took action to wind up Paradigm Consultancy S.A. ('Paradigm') as a result of its involvement in unauthorised land banking schemes - Countrywide Land Holdings Limited, Regional Land and Consolidated Land UK Limited. The liquidation -
FCA urges unauthorised land banking scheme victims to get in touch to return funds
The Financial Conduct Authority (FCA) is urging members of the public who invested in unauthorised collective investment schemes, and who may be eligible to receive some of their money back, to get in contact with the FCA.