FCA reviewing whether APRs support consumers’ choices
The FCA is reviewing whether Annual Percentage Rates (APRs) help consumers understand borrowing costs and is seeking views on whether it should...
Read MoreFCA announces second cohort for AI Live Testing
Speaking at UK FinTech Week, Jessica Rusu, chief data, information and intelligence officer at the FCA, has confirmed the second...
Read MoreFCA bans CMC’s misleading adverts
Adverts which used edited, unauthorised clips of Martin Lewis to make misleading claims about average motor finance compensation and used...
Read MoreRegulators launch joint taskforce to crack down on poor practice in motor finance claims
A new taskforce will tackle poor handling of motor finance claims by some claims management companies (CMCs) and law firms,...
Read MoreMore people could access financial advice under proposals set out by FCA
FCA plans to help people get more financial advice for important decisions The FCA is consulting on how to make...
Read MoreSecond charge mortgage firms told to raise standards for consumers
Lenders and brokers in the second charge mortgage market need to consider how they advise customers, assess affordability and charge fees. An FCA review has...
Read MoreFCA proposes action to close gaps in borrowers’ credit files
Lenders could have access to more comprehensive information to support lending decisions, under new proposals by the FCA. The FCA...
Read MoreFCA Signals Tough Enforcement on Unauthorised Financial Promotions by Social Media Influencers
Influencers fined for issuing unauthorised financial promotions The Financial Conduct Authority (FCA) has reinforced its stance on unauthorised financial promotions...
Read More