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1. FCA announces proposals to update Dual-regulated firms Remuneration Code

   News stories Published: 03/08/2020 Last modified: 03/08/2020
   Our proposals aim to ensure that the FCA’s remuneration regime applicable to banks, building societies and PRA-designated investment firms.

2. Statement on non-damage BI settlements and deductions in relation to government support

   Statements Published: 03/08/2020 Last modified: 03/08/2020
   Following the conclusion of the test case trial on 30 July, the FCA is currently awaiting the High Court judgment on the test case to resolve uncertainty about insurers’ liability for certain business interruption insurance policies. 

3. Statement on non-damage BI settlements and deductions in relation to government support

   Statements Published: 03/08/2020 Last modified: 03/08/2020
   Following the conclusion of the test case trial on 30 July, the FCA is currently awaiting the High Court judgment on the test case to resolve uncertainty about insurers’ liability for certain business interruption insurance policies. 

4. LIBOR transition – the critical tasks ahead of us in the second half of 2020

   Speeches Published: 03/08/2020 Last modified: 03/08/2020
   Speech delivered by Edwin Schooling Latter, Director Markets and Wholesale Policy at the FCA, at a webinar hosted by the International Swaps and Derivatives Association 14 July event on 'The Latest in LIBOR Transition, The Path Forward'.

5. FCA sets out views on Employer Salary Advance Schemes

   Statements Published: 30/07/2020 Last modified: 30/07/2020
   Our statement explaining our view of the risks and benefits of Employer Salary Advance Schemes (ESAS) and what employers and employees should consider when using them.

6. New guidance to help firms do more for vulnerable consumers

   Press Releases Published: 29/07/2020 Last modified: 30/07/2020
   The FCA has set out new best practice guidance for firms to do more to protect vulnerable consumers.

7. FCA to ban motor finance discretionary commission models

   Press Releases Published: 28/07/2020 Last modified: 28/07/2020
   FCA will introduce a ban on discretionary commission models. Currently, some car retailers and motor finance brokers receive commission which is linked to the interest rate that customers pay – creating an incentive to sell more expensive credit to some customers.

8. Statement on mortgage prisoners and consultation on intra-group switching and maturing interest-only and part-and-part mortgages

   News stories Published: 28/07/2020 Last modified: 28/07/2020
   The FCA has published a statement on mortgage prisoners, and a consultation paper containing proposals designed to support some consumers within the mortgage market.

9. FCA launches enhanced Financial Services Register to protect consumers

   Press Releases Published: 27/07/2020 Last modified: 27/07/2020
   The FCA has today launched its updated Financial Services (FS) Register – including a simpler design and clearer language.

10. Statement on updated guidance for insurance and premium finance firms

    Statements Published: 24/07/2020 Last modified: 24/07/2020
    The FCA proposes extending a series of temporary measures to help customers who hold insurance and premium finance products.