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Protections to help Buy Now Pay Later borrowers navigate their financial lives
Buy Now Pay Later (BNPL) borrowers will benefit from key protections in place for other types of lending, under proposals put forward by the FCA. -
Understanding approaches to D&I in financial services
The FCA observed how financial services firms are designing and embedding diversity and inclusion strategies. The observations give an overview of initiatives to improve diversity and inclusion, which industry leaders can consider in reviewing their -
FCA publishes the findings of its work into annuities sales practices and retirement income market
The Government’s reforms increase the at-retirement choices facing consumers, so it is vital that consumers are properly supported in making their decisions. ... The review found evidence indicating that firms‘ sales practices are contributing to -
Review into the long-term impact of AI on retail financial services (The Mills Review)
We review how AI may reshape retail financial services for consumers, firms, markets and regulators by 2030 and beyond, and seek your views across 4 interrelated themes. -
CP15/39: Rules and guidance on payment protection insurance complaints
PPI research technical report [PDF]. This consultation affects:. consumers who were - or may have been - sold PPI. ... claims management companies, other paid advocates, and consumer organisations who take forward complaints about PPI on behalf of -
FCA action delivers £80 million savings in fees for credit card customers
In recent years, the FCA has focused on reducing the risk of harm that flows from customers being in debt that they cannot afford to repay. Some key areas of work have included: Targeted supervisory work to mitigate the risks from poor culture and -
FG25/2: Guidance for insolvency practitioners on how to approach regulated firms
We’ve updated our non-Handbook guidance for insolvency practitioners (IPs) on how to approach insolvencies of regulated firms. -
Redinel Korfuzi and Oerta Korfuzi sentenced to combined 11 years for £1m insider dealing and money laundering
Redinel Korfuzi sentenced to six years imprisonment, and Oerta Korfuzi, sentenced to five years imprisonment. -
The FCA and PRA propose measures to boost diversity and inclusion in financial services
In consultation papers published today, the financial regulators have set out proposals to boost diversity and inclusion to support healthy work cultures, reduce groupthink, and unlock talent. -
A third of over 75s targeted by investment scams, as FCA urges consumers to take the time to check
A fifth (22%) of over 55s and a third (32%) of over 75s believe they have been targeted by an investment scam in the last 3 years Over half (55%) of those who have invested in financial products did so on their own, rather than making the decision