The FCA has published the minutes of the latest Wider Implications Framework Executive Level Meeting, and an updated log of live Wider Implications issues as at the end of November 2024. The items of interest to UKGI clients are: The introduction of outcomes-based...
The Financial Ombudsman Service for small businesses has received more than 4,800 new cases from businesses so far this financial year. The data, which covers the period from the beginning of April to the end of November 2024, demonstrates the many challenges firms...
Premium Credit Ltd (PCL) has written to insurance brokers saying that, following taking King’s Counsel advice, it will not be imposing any changes to existing customer journeys, and firms should not expect any changes from PCL’s perspective either. This approach...
The Ministry of Housing, Communities & Local Government has published a consultation on “Permitted insurance fees for landlords, freeholders and property managing agents”, seeking views on proposals to prevent freeholders, property managing agents and...
The FCA has published a Policy Statement introducing changes to its Financial Crime Guide. Handbook Notice 124, sets out the specific sections in the Guide which have been updated. In summary, the updates to the Financial Crime Guide; relate to sanctions,...
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