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Exchange of letters and work on multiple-occupancy residential buildings insurance
We outline the work we are carrying out in the insurance market for multi-occupancy residential buildings. -
All Flintshire Credit Union enters administration
All Flintshire Credit Union Limited was placed into administration on 25 January 2022 and has now stopped trading. James Sleight and Peter Hart of PKF GM have been appointed as administrators. -
Statement from Nikhil Rathi on Lord Myners
Following news of the death of Lord Myners, Nikhil Rathi, Chief Executive of the FCA, issued the following statement on the FCA’s behalf: -
Supervisory flexibility on the short selling indicator
We are putting in place temporary measures for the reporting of the short selling indicator in transaction reports while we consider changes to the UK transaction reporting regime. -
FCA has decided to register the first UK securitisation repositories
The FCA announces that it has completed it's assessment of applications received from European DataWarehouse Ltd and SecRep Limited as Securitisation Repositories -
Ounapuu Ltd (formerly Ferratum UK Limited) enters a Creditors’ Voluntary Liquidation
On 31 December 2021 Ounapuu Ltd, formerly trading as Ferratum UK, was placed into a Creditors’ Voluntary Liquidation. -
Changes to LIBOR as of end-2021
Publication of 24 LIBOR settings has ended, and the 6 most widely used sterling and Japanese yen settings will be published using a changed methodology. -
Update for firms on PRIIPs RTS Article 18 and related rules
The extension which starts from 31 December 2021 to 31 December 2026 means that UCITS funds offered to UK retail investors can continue to supply either a PRIIPs key information document or a UCITS key investor information document. -
FCA statement on British Steel Pension Scheme Redress
FCA Board asks for consultation to be prepared on a redress scheme for former members of the BSPS who transferred their pension. -
Viola Money (Europe) Limited enters administration
A special administration order was made by the Court regarding Viola under the Payment and Electronic Money Institution Insolvency Regulations 2021