As part of ‘reducing the regulatory burden’, and as outlined in its letter to the Prime Minister on 16th January this year, the FCA has outlined the first steps in its plans to review Handbook provisions. The first steps include reviewing expectations for mortgages...
The Chancellor of the Exchequer, Rachel Reeves, has met senior figures from a wide range of UK regulators to outline plans to cut the administrative cost of regulation on businesses by 25%. The FCA and the PRA were both represented at the meeting. The plans include...
The FCA published PS21/3 Building operational resilience in March 2021. The Policy Statement set out the final rules and guidance on the FCA’s new requirements to strengthen operational resilience in the financial services sector. The firms affected by the rules,...
This review report sets out the findings of an FCA review of firms’ approaches to the Consumer Support outcome of the Consumer Duty. The FCA wants firms to provide a level of support that meets customers’ needs throughout their relationship with the firm. Firms’...
Al Haughton, Technical Resources Manager for the two UKGI Group Consultancies, looks between the lines of an FCA speech delivered to the Association of British Insurers (ABI). Nikhil Rathi, FCA Chief Executive, has delivered a speech at an Association of British...
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