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A to Z of financial terms - Open finance
A to Z of financial services to help you understand financial and legal terms. -
FCA confirms biggest shake-up to the overdraft market for a generation
The Financial Conduct Authority (FCA) has today confirmed it is introducing reforms to fix a dysfunctional overdraft market. These changes will make overdrafts simpler, fairer, and easier to manage and will protect the millions of consumers that use -
Guess who’s back? Animatronic Arnie returns to raise awareness of PPI deadline
The animatronic head of Arnold Schwarzenegger is back today to remind people to check whether they had payment protection insurance (PPI) and make a decision about whether to make a complaint before the deadline on 29 August 2019. -
PS18/19: Assessing creditworthiness in consumer credit
In this Policy Statement we respond to feedback arising from CP17/27 (PDF) and publish final rules and guidance on assessing creditworthiness in consumer credit. -
Aviation and Tech Capital Ltd, trading as Ablrate, enters administration
Aviation and Tech Capital Ltd t/a Ablrate, a regulated Peer-to Peer firm, has entered administration. -
FCA fines former chief executive of Carillion plc (in liquidation)
The FCA has fined Richard Howson £237,700 for his part in misleading statements being issued by Carillion plc. -
Statement on Government support package for debt advice services
The Treasury has today announced [LINK] an extra £37.8 million of funding to provide essential debt advice services and help more people who are struggling with their finances due to coronavirus (Covid-19). -
PS19/8: Increasing the award limit for the Financial Ombudsman Service
Following our Consultation Paper CP18/31, we are increasing the Financial Ombudsman Service’s award limit. The award limit sets the maximum amount of compensation the ombudsman service can require financial services firms to pay when it upholds a -
AI Live Testing: How it can support safe and responsible AI deployment
Exactly how deep AI’s impact on our economy will go is still up for grabs. Building trust, including through having the appropriate governance and accountability processes in place, is integral to accelerating its adoption in UK financial markets. -
FCA publishes final rules on Buy Now Pay Later products
The Financial Conduct Authority (FCA) today confirmed it will introduce new rules in the Buy Now Pay Later (BNPL) market, saving consumers around £40-60 million a year. The changes, which include banning firms from charging backdated interest on -
Information on sustainability disclosure requirements (SDR) - January 2025
FCA provides information on sustainability disclosure requirements (SDR).