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FCA and HMRC make collaboration agreement
Under Section 79(3) of the Investigatory Powers Act 2016 and Section 8.58 of the Statutory Code of Practice, this is notification that the Financial Conduct Authority (FCA) and Her Majesty’s Revenue & Customs (HMRC) have made a Collaboration -
FCA update following the Prime Minister’s statement on Sunday 10 May
FCA update following the Prime Minister’s statement on Sunday 10 May 2020. -
The Financial Services Regulatory Initiatives Forum launches Grid to help financial firms’ planning
The Financial Services Regulatory Initiatives Forum has today launched a new initiative to help financial firms prepare for upcoming regulatory work - the Regulatory Initiatives Grid -
FCA secures orders for victims of unauthorised share scheme
The High Court today ordered four individuals and one company to pay nearly £3.62m in restitution to members of the public who bought shares that were promoted unlawfully. -
Statement on mortgage prisoners
The FCA has been working for some time to support mortgage prisoners. This work has continued during the disruption caused by Coronavirus. So far, our action has resulted in reductions in mortgage payments for the vast majority of mortgage prisoners, -
FCA statement - insuring SMEs: business interruption
FCA announces it intends to obtain a court declaration to resolve contractual uncertainty in business interruption insurance cover -
FCA seeks legal clarity on business interruption insurance alongside package of measures to help consumers and small businesses
The FCA is announcing it intends to seek legal clarity on business interruption (BI) insurance. -
Strong customer authentication and coronavirus
In the exceptional circumstances of the Covid crisis, we are giving the industry an additional 6 months to implement strong customer authentication (SCA) for e-commerce. -
Further statement from the RFRWG on the impact of Coronavirus on the timeline for firms’ LIBOR transition plans
Further to the joint statement made on 25 March it remains the central assumption that firms cannot rely on LIBOR being published after the end of 2021. The FCA and the Bank of England have worked with members of the Working Group on Sterling -
Liberty SIPP Limited enters administration
On 27 April 2020, the directors of Liberty SIPP Limited, a firm authorised and regulated by the Financial Conduct Authority (FCA), appointed Andrew Poxon & Alex Cadwallader of Leonard Curtis as Joint Administrators ('administrators').