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FCA returns funds to land banking victims
FCA returns funds to land banking victims -
Information on Authorisations denied - May 2022
The FCA provides data on denied authorisations. -
Financial Lives survey highlights importance of the FCA’s Consumer Duty
The FCA has found 7.4 million people unsuccessfully attempted to contact one or more of their financial services providers in the 12 months before May 2022, with the most vulnerable in society most likely to struggle with this. The figure comes from -
Review of our approach to secondary brokers
We have recently reviewed our interpretation of the consumer credit legislation for Limited Permission secondary credit brokers. -
Evolving our enforcement approach to protect and grow our markets
Speech by Therese Chambers, FCA joint executive director of enforcement and market oversight, delivered at The Market Abuse and Market Manipulation Summit. -
FCA publicly censures Redcentric PLC for market abuse
The FCA has today issued a public censure to to Redcentric PLC (Redcentric) for committing market abuse between 9 November 2015 and 7 November 2016. -
Financial watchdog fines Equifax Ltd £11 million for role in one of the largest cyber security breaches in history
FCA fines Equifax £11,164,400 for failing to manage and monitor the security of UK consumer data it had outsourced to its parent company based in the US. -
Review of firms' treatment of customers in vulnerable circumstances
Under the Consumer Duty, firms should act to deliver good outcomes for all customers, including those with characteristics of vulnerability. -
Secured Energy Bonds plc - options for investors
We are aware that mini-bonds issued by Secured Energy Bonds plc (SEB) were sold to UK investors; this was without advice from financial advisers. SEB failed in 2015 and investors largely lost their investments. We explain the current options for -
Designing effective current account prompts: research summary
Banks and building societies have committed to deliver a package of prompts to their customers. These prompts aim to: increase consumers’ engagement with their current account, raise awareness of the current account switching service, and