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Further update on Business interruption insurance test case appeals process
The FCA will continue discussions with insurers and action groups, to find a solution which resolves the outstanding issues as soon as possible to enable pay-outs on eligible claims. -
FCA confirms next stage of support for consumer credit and overdraft customers
The FCA has confirmed measures to ensure firms provide tailored support for users of certain consumer credit and overdraft products amid difficulties due to coronavirus (Covid-19) -
FCA publishes annual report on the regulatory perimeter
FCA publishes 2019/20 report on the regulatory perimeter -
Update on Business interruption insurance test case appeals process
The FCA confirmed that it has filed a ‘leapfrog’ application to appeal to the Supreme Court. The FCA’s intention has, throughout the process, been to achieve speed and clarity on affected BI policies at speed. -
Konstantin Vishnyak found not guilty of destroying documents
In a case brought by the Financial Conduct Authority (FCA), Konstantin Vishnyak has been found not guilty at Southwark Crown Court of one count of destroying documents in September 2018. -
FCA institutes criminal proceedings against three former employees of Redcentric Plc
FCA begins proceedings against former Redcentric employees relating to alleged offences between 1 May 2015 and 31 October 2016 -
FCA launches consultation on the regulation of international firms
The FCA has launched a consultation on its approach to the authorisation and supervision of international firms operating in the UK. -
FCA sets out proposals to tackle concerns about general insurance pricing
The final report of our market study into the pricing of home and motor insurance. We are concerned these markets are not working well for consumers and set out proposed remedies to address this. -
Christopher Woolard to chair review of unsecured credit market regulation
The FCA has announced that Chris Woolard will chair a review of the future regulation of the unsecured credit market, reporting to the FCA Board. -
FCA publishes Decision Notice against Corrado Abbattista for market manipulation
The FCA has published a Decision Notice in respect of Corrado Abbattista, an experienced trader and a portfolio manager, partner and Chief Investment Officer at Fenician Capital Management LLP