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One month to go for the Consumer Duty
The Consumer Duty comes into force on 31July for new and existing products and services that are open for sale or renewal. Read more about how firms should be preparing. -
FCA joins other regulators to call on firms to help struggling customers
The FCA will report on how well the cash savings market is supporting savers to benefit from higher interest rates. We will require the largest banks and building societies to explain the pace and extent of their pass through of interest rates, the -
FCA bans Lee Morgan for British Steel Pension Scheme advice failings
The FCA has banned Denis Lee Morgan of Pembrokeshire Mortgage Centre Limited (in liquidation) (PMC) from advising any customers on pension transfers and pension opt outs, and from holding any senior management function in a regulated firm. -
FCA welcomes launch of ISSB standards
FCA welcomes the International Sustainability Standards Board (ISSB) launch of its first sustainability-related reporting standards. -
Adviser Mark Abley pays £106k for poor pension transfer advice
The FCA has banned Mark Abley of County Capital Wealth Management Ltd (in liquidation) (CCWM) from providing any advice on pension transfers. -
Joint Regulatory Oversight Committee publishes commercial pricing principles for open banking
This JROC paper sets out 5 principles for banks and registered third parties when agreeing a premium API commercial model. -
Consumer warning on Blockchain Access UK Ltd
Fraudsters are using the details of the FCA authorised EMD Agent Blockchain Access UK Ltd to deceive consumers. -
Consumer warning on Promethean Finance Limited
The FCA has removed several trading names relating to Promethean Finance Limited (Promethean) from the Financial Services Register. -
Three individuals face charges for unauthorised sale-and-rent-back schemes
The FCA has started criminal proceedings against 3 people for carrying out regulated activity without authorisation. -
FCA introduces tough new rules for marketing cryptoassets
All crypto firms marketing to UK consumers will need to meet new, tougher advertising standards.