07/29/2022
The FCA has imposed a public censure on Carillion, rather than a financial penalty, given the firm is insolvent and in liquidation.
07/27/2022
Mills said it will still be challenging for the industry, and the regulator recognises that, so it will “do its best” to support firms.
07/26/2022
The changes are designed to reduce the cost of the annual O-SII identification process, both for the PRA and for firms, while continuing to achieve the intended outcome of identifying firms whose distress or failure would have a systemic impact on the UK
07/26/2022
The new guidance made clear that identifying and supporting vulnerable customers needs to be as systematic as it is consistent, and it needs to be done quickly, too.
07/26/2022
The continuation of the extension of the end of abatement rules, brought in during the pandemic to help allow recently retired NHS staff to return to work and tackle the pandemic without suffering a financial penalty on their pension.