The FCA has announced the publication of the findings from the Woolard Review of the unsecured credit market. In September last year the FCA asked Christopher Woolard to undertake a review of change and innovation in the unsecured credit market, which includes...
Following the Supreme Court judgment on the BI test case, the FCA has sent out a Dear CEO letter clarifying what happens next and what it expects of insurers and managing agents. The FCA says it intends to see that all businesses with valid BI claims receive payments...
The FCA is once again asking firms for the information it needs to calculate levies for the Financial Services Compensation Scheme (FSCS). The regulator has issued a guidance document on the data firms need to include in their fee tariff data submissions. This applies...
The FCA and the Prudential Regulation Authority (PRA) are consulting on proposals for the annual Management Expenses Levy Limit (MELL) for the Financial Services Compensation Scheme (FSCS) for the financial year 2021/22. The MELL covers the FSCS’s ongoing operating...
A 21 January speech by FCA senior adviser Georgina Philippou outlined why diversity and inclusion matter to the regulator and what it is doing about it. Philippou acknowledged that there is a general lack of diversity in the financial services sector, which, she said,...
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