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FCA requests information from firms about delivery of their ongoing advice services and the Consumer Duty
FCA is collecting this information to assess what, if any, further regulatory work it may undertake in this area. -
Update on Link Fund Solutions (LFS) scheme of arrangement
We are pleased that the Court has decided to approve the Scheme. We understand that LFS expect to start making payments to Scheme Creditors as soon as possible, if there is no appeal of the Judge’s decision. -
FCA statement on Nvayo Limited
The Upper Tribunal has agreed not to suspend restrictions we placed on e-money firm Nvayo Limited. -
FCA statement on judicial review of debt packager measures
The Administrative Court has refused permission for Promethean Finance Limited to bring a judicial review claim to challenge the FCA’s rules that ban referral fees. -
FCA to undertake work in the motor finance market
The FCA will review historical motor finance commission arrangements and sales across several firms. -
Further update to ancillary activities exemption for commodity derivatives (2024-2025)
We previously set out how firms could determine their use of the ancillary activities exemption for 2023-24. -
FCA responds to the Complaints Commissioner’s Final Report into Premier FX Limited
We have responded to the Financial Regulators Complaints Commissioner's Final Report into complaints from those affected by the collapse of Premier FX Limited in 2018. -
FCA writes to the Treasury Committee on Blackmore Bonds
The FCA has written to the Treasury Committee about its decision not to take enforcement action following investigations into NCM Fund Services Ltd and Northern Provident Investments Ltd. -
FCA publishes update on the cash savings market
This data update follows the 14-point action plan the FCA set out in July and delivers on its commitment to monitor relevant firm and market trends. -
Statement on communications in relation to PRIIPs and UCITS
Issuing limited forbearance to allow firms to provide additional disaggregated disclosure on costs and charges to support the aggregated figure. This is the result of engagement with the investment trust industry.