This week, the FCA issued a warning to firms on misleading promotions for over-50s life cover.
The reminder to firms was sent as part of the regulator’s monthly regulation round-up.
It says that the FCA’s financial promotions team has noticed that in some promotions for life policies, consumers co..
This week (8 January), the Financial Conduct Authority published two further consultations in preparation for the UK’s exit from the EU.
The consultations cover:
This week, the Financial Conduct Authority published an open ‘Dear CEO’ letter, reminding regulated firms of their responsibilities relating to financial promotions.
It’s come to the attention of the FCA that some firms have been issuing financial promotions ‘which s..
2019 looks to be a year filled with new regulations, changes and challenges.
Nothing unusual there, then.
But with the UK’s departure from the EU, and a raft of upcoming legislative changes, the next 12 months look like being busier than most.
Compliance doesn’t come cheap. And with an ever-increasing list of regulations to comply with, alongside a growing focus on firms’ ethics and demands for more transparency than ever, the time and money spent on regulatory compliance looks set only to increase.
At the end of the year, we take a look back at the things that have kept Compliance teams busy over the last 12 months.
In January, we examined the five new regulations you would need to tackle in 2018.
This week, the Financial Conduct Authority released updated advice on how firms can prepare for Brexit.
If you provide advice on pension transfers, you will be interested in the key findings the FCA has released this week from its research in the area.
This blog rounds up several changes the FCA intends to make in 2019, relating to its approach to supervision and its approach to collecting fines.
On 6 November, FCA Chief Executive Andrew Bailey gave a speech looking at the role of regulation in encouraging good culture.
What is the regulator’s view on the link between regulation and cultural compliance?
Today (23 November) the Financial Conduct Authority launched further consultations ahead of the UK’s departure from the EU.
The FCA has been busy on pre-Brexit planning; plans for EU withdrawal were a key focus of the regulator’s 2018-19 Business Plan, released in April.
On 7 November, the Cost Transparency Initiative was launched.
The CTI is a partnership between the Pensions and Lifetime Savings Association (PLSA), the Investment Association (IA), and the Local Government Pension Scheme (LGPS) Advisory Board.
Last week, the Financial Conduct Authority launched a new market study. The study will investigate how general insurance (GI) firms charge their customers for home and motor insurance.
This week, the Financial Conduct Authority released its latest complaints data.
The regulator shares information every six months on the complaints firms receive. What can we learn from this new round of data?
Last week, FCA Chief Executive Andrew Bailey gave a speech exploring trust and ethics from a regulator’s perspective.
With financial services firms always eager to understand the regulator’s perspective and priorities, we look at what he said and what it might mean in terms of future regulation.