On 7 November 2024, we published an article about how the FCA interviewed twenty finfluencers under caution. That was at the end of October 2024. Well, it seems that the FCA has...
In a recent news blog, Nikhil Rathi, FCA Chief Executive, and John Edwards, UK Information Commissioner (ICO) have stated that the FCA and ICO will be joining forces and working together to...
In a recent update published 5 June 2025, the FCA is looking ahead of the Supreme Court decision and are setting out the points for consideration if a redress scheme was introduced...
Last year, the Government ran a six-week consultation between 17 October and 29 November 2024 on proposals for bringing currently unregulated Buy-Now, Pay-Later (BNPL) products into regulation. This consultation also included draft...
The UK is a world leader and a global hub for commercial insurance, providing expertise in underwriting complex and specialty risks, and handling risks from all over the world. At the same...
The relationship between financial firms and the FCA is largely centred around the regular submission of reports and data. However, the volume of reporting can, at times, be overwhelming, and it can...
On 30th January 2025, the FCA issued a Portfolio letter to the CEOs of Mortgage Intermediaries outlining the new strategy for supervising firms. Mortgage intermediaries play an important role in matching consumers...
On 30th January 2025, the FCA issued a Portfolio letter to the CEOs of all Claims Management Companies (CMCs) outlining the new strategy for supervising firm. As a reminder, the transfer of...
Last month the FCA published a proposed Terms of Reference (ToR) for a new market study into the provision of premium finance for motor and home insurance policies. The scope of this...
At the end of October, the FCA interviewed twenty finfluencers under caution. What is a finfluencer, I hear you say? Finfluencers, or financial influencers, are individuals who offer advice and information on...
On 21st August 2024, the FCA published TR24/2: General insurance and pure protection product governance thematic review. The review supersedes the FCA’s letter from February 2024, which commented on its key observations...
On 30th July 2024, the FCA (the Regulator) issued an update extending its temporary complaint handling rules for discretionary commission arrangement (DCA) complaints in the motor finance industry. The Regulator is proposing to...
On 26th June 2024, the Financial Conduct Authority (FCA) published the results of their insurance multi-firm review of outcomes monitoring under the Consumer Duty. The results come from a review undertaken in...
On 9th February 2024, the Financial Conduct Authority (FCA) announced that multiple insurance firms have agreed to pause sales of Guaranteed Asset Protection (GAP) insurance, following a request from the FCA. GAP...
On 2nd May 2023, the FCA issued policy statement ‘PS23/3 Creation of a baseline financial resilience regulatory return: Feedback to CP22/19 ‘creation of a baseline financial resilience regulatory return and final rules’....