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Update on mortgages, consumer credit, banking and payments during coronavirus
We are publishing an update on issues relating to mortgages, consumer credit, banking and payments during coronavirus. This confirms our finalised guidance on repossessions for mortgages and consumer credit, as well as the FCA’s intention to -
FCA and FRC joint statement reminding companies that extended financial information timelines continue to apply
In a joint statement, the FCA and the Financial Reporting Council (FRC) have asked firms to stay aware of the current measures in place, considering the situation created by coronavirus (Covid-19). -
FCA issues warning over ‘clone firm’ investment scams
With over £78 million stolen in clone firm investment scams and the number of reports for this scam type on the rise, we warn the public -
FCA clamps down on consumer investment harm
The FCA highlights the many ways in which it works to protect consumers from investment harm by stopping and disrupting potentially harmful firms and activities. -
Supreme Court judgment in FCA’s business interruption insurance test case
The Supreme Court has delivered its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case. -
FCA proposes update to guidance on mortgages and consumer credit repossessions
In November 2020, we announced further support for mortgage and consumer credit borrowers experiencing payment difficulties as a result of coronavirus (Covid-19). -
FCA publishes coronavirus financial resilience survey data
The FCA has published the results of its coronavirus (Covid-19) financial resilience surveys. The surveys were sent to solo-regulated firms to inform the FCA of the impact of coronavirus on firms’ financial resilience. -
Paul Feeney appointed Chair of the FCA’s Practitioner Panel
The Financial Conduct Authority (FCA) has appointed Quilter CEO Paul Feeney as the Chair of its independent Practitioner Panel. -
Approved Persons Regime (APR) and coronavirus: our expectations - December 2020 update
In June 2020, we set out our expectations to help firms using Appointed Representative (AR) arrangements apply the Approved Persons Regime (APR) during coronavirus (Covid-19). We offered some additional flexibility in the application of rules to -
SM&CR and coronavirus: our expectations for solo-regulated firms - December 2020 update
In April 2020, we set out our expectations to help solo-regulated firms apply the SM&CR following the exceptional circumstances arising from the coronavirus pandemic (Covid-19). We offered some additional flexibility in the application of the SM&CR