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FCA tells lenders to support consumers struggling with the cost of living
The Financial Conduct Authority (FCA) is today writing to more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living. With household bills expected to continue -
FCA to strengthen protection of access to banking services
Banks and building societies will need to assess the impact of changes to their services, for example shorter branch opening times, under updated guidance proposed by the Financial Conduct Authority (FCA). -
Information for customers of unauthorised firm BubbleXT
We are aware that consumers are being targeted by scammers with promises of returning their funds for a small upfront fee -
FCA fines guarantor lender TFS Loans Ltd (in administration) and requires it to provide redress to affected guarantors
We have fined TFS Loans Ltd (in administration) £811,900 in relation to deficient affordability checks on 3,150 guarantors in its consumer credit business. -
FCA appoints members for new Secondary Markets Advisory Committee
We have appointed the members of our new advisory committee on secondary markets for a period of two years until 1 June 2024. -
Richard Lloyd becomes Interim Chair of the FCA
Richard Lloyd OBE has become Interim Chair of the Financial Conduct Authority, as previously announced on 4 February 2022. -
Consumer warning on Unique Funeral Plans and Empathy Funeral Plans
Existing customers of these firms should contact their provider. -
New Chair appointments to FCA’s Smaller Business Practitioner Panel and Consumer Panel
The Financial Conduct Authority (FCA) has appointed Helen Charlton as the Chair of the Financial Services Consumer Panel, and Andy Mielczarek as the Chair of the FCA Smaller Business Practitioner Panel, succeeding Wanda Goldwag and Marlene Shiels -
FCA planning reform of the listing regime to boost growth and competitiveness
The FCA sets out its vision to attract more high quality, growth companies to the UK -
UK authorities look to strengthen resilience of Money Market Funds
The FCA, jointly with the Bank of England, and with the endorsement of the Treasury, has today published a Discussion Paper on Money Market Fund (MMFs) reform. This seeks views to inform the development of MMF reform proposals. The FCA has also