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Statement on wind-up of FSCB
The Financial Services Culture Board (FSCB) has supported industry in taking huge strides to improve culture following the financial crisis. -
Further update to ancillary activities exemption for commodity derivatives
In March 2022 we published a statement which provided an update on the ‘market share test’ as set out under Article 2 of UK MiFID RTS 20 relating to the ancillary activities exemption from authorisation as a MiFID investment firm for firms -
10% depreciation notifications
We have decided to extend the temporary measures for firms during the interim period, pending the revocation of Article 62. -
Guidance for firms supporting their existing mortgage borrowers impacted by the rising cost of living
The FCA is consulting on draft guidance explaining a range of options firms have to support customers, including varying a contract for forbearance purposes. -
Update on debt packager proposals
In November 2021, we consulted (CP 21/30) on new rules and guidance to ban debt packagers from receiving fees or other remuneration for referrals to debt solution providers. -
Statement on Liability Driven Investment (LDI)
The FCA welcomes the statements made today by The Pensions Regulator, the Central Bank of Ireland and the Commission de Surveillance du Secteur Financier (CSSF- Luxembourg) on the resilience of Liability Driven Investment (LDI) portfolios and the -
Hartley Pensions update
A communication, sent to pension scheme members, contained factual inaccuracies which may have caused customer concern. -
Date set for trial against 5 individuals involved with Worthington Group plc
The FCA launched a criminal investigation into market abuse and market manipulation in April 2016, following the suspension of Worthington Group plc’s shares from the Official List and Main Market of the London Stock Exchange on 10 October 2014. -
Defined benefit pension redress calculations
The FCA has recently received information about a small number of firms not including all fees and charges in their defined benefit pension advice redress calculations, in line with current guidance FG17/9. -
FCA allows Amigo to start lending again on a pilot basis
The FCA has published a letter sent to Amigo Loans which approves its request to start lending again, on a pilot basis.