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Joint FCA and PRA statement on SM&CR and coronavirus: our expectations of dual-regulated firms - December 2020 update
In April 2020, we set out our expectations to help dual-regulated firms apply the SM&CR following the exceptional circumstances that arose from the coronavirus pandemic (Covid-19). We offered some additional flexibility in the application of the -
FCA responds to independent reviews into its regulation of London Capital & Finance and Connaught
The FCA has responded to the independent investigations of its supervision of London Capital & Finance plc (LCF) and Connaught Income Fund Series 1 and connected companies (Connaught) -
FCA fines Barclays £26 million over treatment of customers in financial difficulty
The Financial Conduct Authority (FCA) has fined Barclays Bank UK PLC, Barclays Bank PLC and Clydesdale Financial Services Limited (Barclays) £26 million for failures in relation to their treatment of consumer credit customers who fell into arrears -
FCA launch consultation to assist parties in proving presence of coronavirus in business interruption insurance claims
The FCA is launching a consultation to assist parties in proving presence of coronavirus in Business Interruption insurance claims. -
FCA issues warning over festive season loan fee fraud
‘Three Wise Warnings’ for consumers to look out for this Christmas as fraudsters attempt to steal two-thirds of average gift spend. -
FCA publishes evaluation of rent-to-own price cap
The FCA has published an evaluation of its price cap on rent-to-own (RTO) products, which came into force in April 2019. -
The business of social purpose
A speech by Jonathan Davidson, Executive Director of Supervision – Retail and Authorisations, on the business of social purpose. -
Treasury, Bank of England and FCA convene working group to facilitate investment in productive finance
The Treasury, the Bank of England and the FCA are convening an industry working group to facilitate investment in productive finance. -
FCA confirms support for consumer credit customers impacted by coronavirus
The FCA has confirmed updated guidance to firms setting out enhanced support that should be available to consumer credit customers experiencing payment difficulties as a result of coronavirus (Covid-19). -
FCA confirms support for mortgage borrowers impacted by coronavirus
On 2 November, the Financial Conduct Authority (FCA) announced proposals to enhance support for borrowers affected by coronavirus (Covid-19).