In December 2022, the previous Government announced that the Treasury, FCA and the PRA would review the SM&CR. The FCA published a Discussion Paper (DP23/3) jointly with the PRA in March 2023, and invited views on the regime’s effectiveness, scope and...
In stating that bullying and harassment in financial firms qualify as misconduct, the FCA has clarified its expectations in relation to bullying, harassment and violence in financial services firms by publishing a Consultation Paper on tackling non-financial...
The FCA has published its Policy Statement PS25/3 setting out its replacement reporting requirements for consumer credit firms with credit broking, debt adjusting, debt counselling and providing credit information services Permissions – the new CCR009 return. UKGI...
New research commissioned by BIBA, and undertaken by London Economics, reveals that regulation costs amount to 5.2% of insurance premiums collected. This breaks down as 3.3% for insurance brokers, and 1.9% for insurers, with costs being higher for brokers despite...
Following its publication of a raft of guidance in relation to its consumer law oversight, the CMA has supported its published stance in a speech delivered on 29th April by Emma Cochrane, the CMS’s Acting Executive Director, Consumer Protection, at the Keystone /...
In a further review of how firms approach the treatment of customers in vulnerable circumstances that involve bereavement and Powers of Attorney (PoA), the FCA has looked at how banks and building societies deal with customers in these circumstances. This follows the...
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
