Showing 11 to 16 of 16 search results for borrowers impacted by coronavirus.

11. FCA confirms next stage of support for consumer credit and overdraft customers

    Press Releases Published: 30/09/2020 Last modified: 02/10/2020
    The FCA has confirmed measures to ensure firms provide tailored support for users of certain consumer credit and overdraft products amid difficulties due to coronavirus (Covid-19)

12. FCA confirms the next stage of support for mortgage borrowers

    Press Releases Published: 14/09/2020 Last modified: 14/09/2020
    The Financial Conduct Authority (FCA) has confirmed the support mortgage borrowers will receive if they continue to face payment difficulties due to coronavirus.

13. FCA proposes the next stage of support for mortgage borrowers

    Press Releases Published: 26/08/2020 Last modified: 26/08/2020
    The Financial Conduct Authority (FCA) has announced proposals to ensure that firms provide tailored support to mortgage borrowers who continue to face payment difficulties due to coronavirus.

14. FCA confirms further support for consumer credit customers

    Press Releases Published: 01/07/2020 Last modified: 01/07/2020
    The FCA has today confirmed the support users of certain consumer credit products will receive if they are still experiencing temporary payment difficulties due to coronavirus.

15. Further statement from the RFRWG on the impact of Coronavirus on the timeline for firms’ LIBOR transition plans

    Statements Published: 29/04/2020 Last modified: 13/05/2020
    Further to the joint statement made on 25 March it remains the central assumption that firms cannot rely on LIBOR being published after the end of 2021. The FCA and the Bank of England have worked with members of the Working Group on Sterling

16. Uncle Buck LLP enters administration following FCA action

    News stories Published: 27/03/2020 Last modified: 27/03/2020
    The FCA had concerns that Uncle Buck Finance LLP (Uncle Buck) was failing to meet the adequate resources Threshold Condition. Given the severity of these concerns, the FCA has required Uncle Buck to stop lending to customers.