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Showing 361 to 370 of 404 search results for Powers in relation to LIBOR.
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Joint statement from FCA, PRA and Bank of England on the government’s proposed amendments to the CCP run-off regime
FCA and PRA are responsible for the supervision of regulated banks to which certain central counterparties (CCPs) provide services. The Bank of England is responsible for the supervision of CCPs in the UK. -
Update on independent review of Royal Bank of Scotland’s treatment of business customers in financial difficulty
Answer:. The independent reviewer has been appointed by the FCA using its powers in section 166 of the Financial Services and Markets Act 2000. ... Answer:. Once we have received the review findings we will consider whether further regulatory measures -
FCA publishes its Business Plan for 2015/16 and announces details of new supervision and authorisation divisions
from April, powers to enforce against unlawful anti-competitive behaviour in the financial services industry concurrent with the Competition and Markets Authority come into effect. ... There is one new area of forward looking focus:. firms’ systems and -
We welcome action taken by a number of pension providers to review and strengthen their competition compliance
As part of the retirement income market study we reviewed a number of distribution arrangements and strategies of different pension providers. -
FCA cancels payday lender’s interim permission, bans director and refuses application to conduct regulated business
The Financial Conduct Authority (FCA) has banned Andrew Barry Hart, the sole director, controller and ultimate owner of Wage Payment and Payday Loans Limited (WPPL), from performing any role in regulated financial services. The FCA has also -
Tribunal upholds FCA decision to fine and ban former hedge fund CEO Alberto Micalizzi
In concluding the Tribunal said:. “…the power to prohibit an individual from performing any function is a critical function in relation to the protection of consumers. -
Authorised fund managers’ assessments of fund value 2023
Feedback following the second MFR of Authorised Fund Managers compliance with our Assessment of Value rules. -
FCA publishes guidance consultation for firms who seek to limit their liabilities
We have seen an increase in the number of firms developing proposals, such as Scheme of Arrangements, to deal with significant liabilities to consumers, in particular redress liabilities. -
Chief Executive speaks at APM about recent work and future challenges
Speech by Andrew Bailey, Chief Executive at the FCA, delivered at our 2016 Annual Public Meeting. -
FCA Statement on fair treatment of long-standing customers in the life insurance sector
These findings have driven the FCA’s decision to undertake further work in relation to this matter. ... to meet our standards and, if so, whether remedial and/or disciplinary action is necessary or appropriate in relation to these firms or others