In a small number of cases, the FCA is instigating an independent and more detailed review of firms’ practices.
Related topic: Regulation
Rob Mason, director of regulatory intelligence at Global Relay, explores whether the FCA’s lack of action is breeding a feeling of complacency among regulated firms.
But 42% believe that Consumer Duty will have a positive impact on the quality and range of products and services available
879 customers paid a total of £69.1m into bonds which have since defaulted.
159,000 mortgage holders have extended their term or switched to temporarily paying interest-only.
Abdulali Jiwaji, financial litigation partner at Signature Litigation, explains why 'naming and shaming' will only get the FCA so far, and why the regulator must instead implement...
An inputting error resulted in $1.4bn of equities being sold.
With the FCA’s review of outcomes for vulnerable clients announced, Jonathan Barrett, CEO of Comentis, explains a simple three-step process to identify vulnerable customers...
Three other individuals were convicted and sentenced to 23 years for their part in the fraud.
The proposals would enable the FCA to name firms it is investigating at the outset of an investigation.
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