09/20/2023
The legislation establishes a ‘Duty of Care’ on social media websites and search engines, making them more responsible for the content they publish for the first time.
09/20/2023
The FCA also identified further evidence that some Guaranteed Asset Protection (GAP) products may be failing to provide fair value to customers.
09/19/2023
The economic outlook remains fragile, not least amid persistently elevated geopolitical risks, high inflation, and an uncertain macro-financial outlook.
09/19/2023
The Swiss government is supporting a further reform of the first pillar, taking into account also the second pillar, to link retirement age with life expectancy.
09/19/2023
FCA review sparked by Nigel Farage’s claims concludes that banks are not closing accounts primarily based on customers’ political views.
09/19/2023
The successful outcome for our clients is one which also emphasises the ongoing significance of academic freedom as a right protected under Article 10 of the European Convention on Human Rights.
09/19/2023
Under the terms of both MOUs, the UK and Ireland will hold bi-annual meetings, with their respective ministers periodically convening to assess progress and discuss challenges.
09/18/2023
WealthTek is an FCA authorised and regulated wealth management firm which provided discretionary, advisory and execution only services to their retail clients and intermediaries.
09/18/2023
Financial markets are less certain than economists – with rate futures last Friday showing a 25 per cent chance of a pause – but both are coming to the view that the streak of rises in borrowing costs since December 2021 is in its last days.
09/18/2023
The Financial Conduct Authority ordered the Newcastle-based wealth manager to cease all regulated activities in April following the discovery of regulatory and operational issues.
09/15/2023
The FCA has required those firms which fell short to improve the quality of their advice.
09/15/2023
The alleged violation concerns regulations on ad hoc publicity and is related to the disclosure of price-relevant facts.
09/15/2023
This quarterly survey, conducted by Ipsos on our behalf, assesses public attitudes to inflation, opinions about the Bank and awareness of our work.
09/15/2023
Dodgy tech systems, concerns over suitability, scrutiny over client cash controls, and anxiety over Raymond James’s ‘flexible’ model may have fed into the FCA’s restrictions.
09/15/2023
FSCS has received seven claims so far against the companies
09/15/2023
The Financial Services Compensation Scheme issued notice yesterday
09/15/2023
What have we learned?
09/14/2023
The FSCS has so far paid out almost £3 million in compensation to Mansion Park customers for the unsuitable advice they received, including over £2 million for advice provided by Mr Dickinson.
09/14/2023
The review focused on the complex equity release market, catered to older homeowners who want to free up money tied up in their homes to help meet later life needs.
09/13/2023
Previously, any firm authorised by the FCA could approve promotions on behalf of firms unregulated by the FCA.