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Uncle Buck LLP enters administration following FCA action
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. -
FCA’s expectations on financial resilience for FCA solo-regulated firms – statement update
Statement on the FCA’s expectations on financial resilience for FCA solo-regulated firms. -
Impact of the coronavirus on firms’ LIBOR transition plans
The FCA, Bank of England and members of the Working Group on Sterling Risk-Free Reference Rates have discussed the impact of the coronavirus on firms’ LIBOR transition plans over the coming months. -
FCA sets out new guidance for mortgage providers and for lenders taking part in the Coronavirus Business Interruption Loan Scheme
The FCA has today published new guidance for mortgage lenders and administrators, and small business lenders. This supports the announcements made by the Chancellor earlier this week. -
Firms to register for the FCA's new data collection platform
The FCA has today released our latest research into mortgage switching and how consumers can be encouraged to seek out better deals