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Day: 7 July 2020

Complyport UK Consultancy Service > Blog > 2020 > July > 07
  • 07 July 202007 July 2020
  • Latest News

Extension of the Senior Managers & Certification Regime (SM&CR) implementation periods for solo-regulated firms

The deadline for solo-regulated firms to have undertaken the first assessment of the fitness and propriety of their Certified Persons has been delayed from 9 December 2020 until 31 March 2021. […] [...]

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  • 07 July 2020
  • Latest News

High Court finds against illegal pension introducers, Avacade and others

The High Court ruled in favour of the FCA in a civil action against 2 firms and their directors who provided pension services to consumers without FCA authorisation. The FCA’s […] [...]

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  • 07 July 2020
  • Latest News

FCA sets out next steps to improve defined benefit pension transfer market

The FCA has set out a package of measures designed to address weaknesses across the defined benefit (DB) transfer market. It includes steps to reduce conflicts of interest by banning […] [...]

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  • 07 July 2020
  • Latest News

FCA fines Lloyds Bank, Bank of Scotland and The Mortgage Business £64,046,800 for failures in mortgage arrears handling

The FCA fined Lloyds Bank plc, Bank of Scotland plc and The Mortgage Business plc (the banks) £64,046,800 for failures in relation to their handling of mortgage customers in payment […] [...]

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  • 07 July 2020
  • Latest News

FCA bars Cypriot firms that used unauthorised celebrity endorsements

The FCA has taken action to stop four Cypriot investment firms from continuing to offer high risk contracts for difference (CFDs) to UK investors. It appears that these firms used […] [...]

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  • 07 July 2020
  • Latest News

FCA proposes to make permanent its ban on mini-bond marketing

Following the temporary ban that was introduced in January 2020, the FCA released proposals to put a permanent ban on the mass-marketing of speculative mini-bonds and other products with similar […] [...]

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  • 07 July 202007 July 2020
  • Latest News

FCA confirms further support for consumer credit customers

The FCA confirmed the support users of certain consumer credit products will receive if they are still experiencing temporary payment difficulties due to coronavirus (Covid-19). The measures outline the options […] [...]

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  • 07 July 2020
  • Latest News

FCA confirms support for customers who are struggling to pay their mortgage due to coronavirus

The FCA confirmed the support firms should give to mortgage customers who are either coming to the end of a payment holiday or who are yet to request one. The […] [...]

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  • 07 July 2020
  • Latest News

FCA confirms guidance for insurance firms on assessing product value

The FCA confirms guidance for insurance firms to consider the impact of coronavirus (Covid-19) on the value of their insurance products. The guidance sets out what the FCA considers firms […] [...]

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INSIGHTS & EXPERTISE

Proactive monitoring and assessment of international Regulatory News and Industry Developments.
  • The Regulatory Gateway for Financial Promotions is Here

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The Regulatory Gateway for Financial Promotions is Here

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Navigating KYC Challenges in 2024: Insights from the Q&A Session

  • Webinar Recording – KYC: Challenges Around KYC and Best Practices for 2024

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Webinar Recording – KYC: Challenges Around KYC and Best Practices for 2024

  • Navigating the Financial Promotions Gateway Ahead of the FCA Deadline, 7th February 2024

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Navigating the Financial Promotions Gateway Ahead of the FCA Deadline, 7th February 2024

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