New Consumer Duty dashboards and an enhanced Health Fact Find have launched as part of the updates.
New Consumer Duty dashboards and an enhanced Health Fact Find have launched as part of the updates.
The regulator says these returns "no longer serve a critical supervisory function".
The regulator will let more firms know it is 'minded to approve' applications for authorisation when it thinks they can meet required standards.
The regulator is considering creating bespoke regimes for investment trusts and for venture capital firms.
Final rules could be in place as soon as H2 2025.
The PRA says Hambro failed to act with 'due skill, care and diligence'.
The FCA's 'fresh thinking' has been welcomed by pension experts.
Previously, firms needed to sign in to three different systems.
Other proposals include an increase in the limit applicable to certain temporary high balance claims.
Jonathan Barrett, CEO of Comentis, shares some of his key takeaways from the FCA’s recent Vulnerability Review and highlights two fundamental elements that he believes are still...
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