FCA calls on credit firms to improve advertising standards
An initial assessment of promotional material being used by consumer credit firms has found that almost one in five do not comply [...]
23
05, 2014
20
05, 2014
Payday lender stops offering loans and collecting debts after FCA pressure
On May 13 2014, the UK’s second largest high-street payday lender exited the short-term credit market after the Financial Conduct Authority (FCA) [...]
19
05, 2014
FCA Disclosure Requirements: Meeting the Regulator’s Requirements
The Financial Conduct Authority (FCA) has revealed some negative findings in its latest thematic review into implementation of the Retail Distribution Review [...]
17
05, 2014
FCA issues raft of warnings about unauthorised credit firms
On May 8 2014, the Financial Conduct Authority (FCA) issued five warnings about firms suspected of carrying out consumer credit activities without [...]
15
05, 2014
FCA to visit all five leading payday lenders in next 12 months
It has been known for some time now that the Financial Conduct Authority (FCA) was planning to make payday lending an area [...]
11
05, 2014
Government reviews enforcement process of FCA and other regulators
The Treasury has launched a review of the arrangements relating to enforcement activities of financial services regulators, and the processes these regulators [...]
8
05, 2014
FOS holds ‘PPI tweets day’
The Financial Ombudsman Service (FOS), the independent body that adjudicates on complaints when the customer and a financial institution cannot reach agreement, [...]
6
05, 2014
FOS judges that commission on SIPP sale was too high
Whilst they may not always agree with the decisions they reach on suitability of advice issues, financial firms are used to the [...]
2
05, 2014
FCA releases Business Plan & Risk Outlook for 2014/15
The Financial Conduct Authority (FCA) has released its Business Plan for the financial year 2014/15. In the foreword, chief executive Martin Wheatley [...]