08/10/2022
The purpose of the LTAF is to provide a UK authorised open-ended fund structure that enables investment in long-term, illiquid assets while offering appropriate structural safeguards.
08/10/2022
Sentencing for the offences of carrying on unauthorised business will take place after the conclusion of the trial for the fraud offence.
08/09/2022
This rule is known as the “financial promotion restriction” and is set out in section 21 of the Financial Services and Markets Act 2000 (FSMA).
08/09/2022
At the time, it still had 88 bonds left and had paid out on 12,330 bonds, totalling more than £114mn.
08/09/2022
The client has now received their benefits and has been paid £225 in compensation.
08/09/2022
One of the firm’s former audit partners was fined £60,000
08/08/2022
Airlines have cut summer schedules and made last-minute cancellations.
08/08/2022
Report finds ‘tale of two labour markets’ as workers in London’s financial district enjoy inflation-busting increases
08/08/2022
The implementation date for the policy changes set out in chapters 2, 3, 4, 5, 7, and 8 of this PS is Thursday 1 September 2022.
08/05/2022
Central bank accelerates rate hikes with 0.5% increase, but dire forecasts signal rates may not go as high as previously feared.
08/05/2022
The payments will be made to staff outside management grades
08/05/2022
During the course of 2022, the Monetary Policy Committee began reducing the stock of assets held in the Asset Purchase Facility to meet its monetary policy objective.
08/05/2022
The Bank of England has raised interest rates by 0.5 percentage points to 1.75%. Here’s what it means for savers and how they can make more of their savings.
08/04/2022
Principal firms are responsible for ensuring their ARs comply with our rules.
08/04/2022
The FCA has confirmed that although at this stage it will not intervene it will continue to monitor the market and may intervene in future if it sees evidence of practices similar to that previously seen in the General Insurance market.
08/03/2022
Some schemes may also no longer exist, having wound up and there is no legislation which compels trustees to accept former members who transferred out.
08/03/2022
Redress aims to put consumers back in the position they would have been in had they remained in their DB scheme.
08/03/2022
Given the rising cost of living, it’s important that borrowers consider their options and switch if they can where it meets their needs and circumstances and saves them money.
08/03/2022
The FCA’s Digital Delivery Centre will be based in Leeds alongside other key FCA business teams.
08/03/2022
The FCA consulted on these rules, which are a key part of its Consumer Investments Strategy to deliver a consumer investment market that works well for people who want to invest with confidence, in January 2022.