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Business Loan Network Limited enters administration
On 15 April 2021, the Directors of Business Loan Network Limited, a regulated Peer-to Peer (P2P) firm, received court approval to place the firm into administration. -
Financial Stability Board publishes Peer Review of UK remuneration regime
A joint statement with the PRA welcoming the Financial Stability Board’s (FSB) Peer Review of the UK’s compensation regime. -
Post-Brexit changes for some consumer credit firms from 1 June 2021
We are reminding firms about changes certain consumer credit firms will have to make to pre-contract consumer credit information forms. -
FCA urges Claims Management Companies and High Cost Lenders to work better together
We remind HCLs and CMCs that we expect them to work together to resolve disputes and disagreements in the interest of their customers. -
Future consultation on strengthening investor protections in Special Purpose Acquisition Companies (SPACs)
We confirm that we will be consulting shortly on amendments to our Listing Rules and related guidance to strengthen protections for investors in Special Purpose Acquisition Companies (SPACs). -
FCA publishes letter of concerns in relation to Amigo Loans’ proposed scheme of arrangement
We set out our position on Amigo Loans’ application to implement a scheme of arrangement. -
FCA confirms Finalised Guidance for advising on Defined Benefit transfers
Defined Benefit Pension transfer guidance -
The FCA and the Bank of England encourage market participants in a switch to SONIA in the sterling non-linear derivatives market from 11 May
Following close engagement with market participants, the FCA and Bank of England support and encourage liquidity providers in the sterling non-linear derivatives market to adopt new quoting conventions for inter-dealer trading based on SONIA instead -
FCA publishes feedback to Call for Input on open finance
We have published a Feedback Statement to our Call for Input on open finance. -
Joint Bank of England and FCA review of open-ended investment funds
The Bank of England and Financial Conduct Authority have today published the findings of their joint survey of UK-authorised open-ended funds.