The Financial Conduct Authority (FCA) will next week publish final details of the biggest overhaul in UK regulation since the Retail Distribution Review (RDR). The Consumer Duty will set a… The post FCA Consumer Duty: Everything you need to know as regulator prepares for ‘biggest overhaul since RDR’ appeared first on London Business News |…
Staff at the Financial Conduct Authority (FCA) have walked out on Thursday for a 48-hour strike and have mounted picket lines over a fresh dispute over union recognition. Members of… The post Financial Conduct Authority strikes as they are ‘in a deep crisis but it’s a crisis of its own making’ appeared first on London…
The deadline for responses to the FCA’s latest consultation paper on the new Consumer Duty closed yesterday. In its response, AJ Bell argues the new Consumer Duty provides a clear… The post FCA Consumer Duty reforms provide opportunity to clarify the advice/guidance boundary appeared first on London Business News | Londonlovesbusiness.com.
The FCA today announced plans to tighten the rules around high-risk investments. The FCA said: “A key part of the strategy is addressing the harm from consumers investing in high‑risk… The post FCA tightening rules around high-risk investments appeared first on London Business News | Londonlovesbusiness.com.
The Association of Investment Companies (AIC) has proposed that demanding standards should be set for funds that call themselves “sustainable” or make ESG claims. In its response to the FCA’s discussion paper ‘Sustainability disclosure… The post FCA urged to take action against ESG fraud appeared first on London Business News | Londonlovesbusiness.com.
The FCA will consult on creating a redress scheme to compensate thousands of people advised to transfer out of the British Steel Pension Scheme. The regulator has written to firms… The post FCA to consult on British Steel pension transfer redress scheme in 2022 appeared first on London Business News | Londonlovesbusiness.com.
The Financial Conduct Authority has refreshed its ESG (Environment Social and Governance) Strategy, to help support the transition to a more sustainable future. The FCA has therefore, outlined a revamped… The post FCA revamps ESG Strategy appeared first on London Business News | Londonlovesbusiness.com.
The number of Suspicious Activity Reports (SARs) submitted by financial firms to the Financial Conduct Authority (FCA) has been steadily increasing year over year since 2017, according to official data.… The post FCA records uptick in suspicious activity reports from finance firms appeared first on London Business News | Londonlovesbusiness.com.
Research into financial advisers’ attitudes to the collapse of Woodford Investment Management has revealed that advisers are paying more attention to the liquidity of investments, and less to fund manager… The post Advisers demand FCA to prevent Woodford-style collapses appeared first on London Business News | Londonlovesbusiness.com.
From today the UK’s contactless spending limit will rise from £45 to £100 following a decision by the Treasury and the Financial Conduct Authority (FCA). There will be a short… The post Contactless spending limit raised to £100 from today appeared first on London Business News | Londonlovesbusiness.com.
