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Financial Services - Regulatory & Risk Blog

Articles: 1-10 of 158

When is a complaint a complaint under DISP?

United Kingdom - April 21 2021 A Court of Appeal judgment has recently addressed what constitutes a complaint for the purposes of DISP [Clive Davis v Lloyds Bank [2021] EWCA Civ…

Additions to FCA DB Transfer Guidance Published

United Kingdom - April 6 2021 The FCA has published yet more guidance regarding defined benefit pension transfers…

Adams v Carey - where does the Court of Appeal's decision leave the SIPP market?

United Kingdom - April 1 2021 The Court of Appeal has today dismissed Mr Adams' appeal against Carey in respect of COBS 2.1.1R. However, the appeal in relation to s.27 FSMA has…

FCA publishes finalised guidance for firms on the fair treatment of vulnerable customers

United Kingdom - March 22 2021 In February 2021, the FCA published guidance on the fair treatment of vulnerable customers with the aim of improving their customer experience…

FOS and the Adams v Carey decision - where are we as the Court of Appeal hearing starts?

United Kingdom - March 2 2021 Today marks the start of the appeal in Adams v Carey. At the start of the Court of Appeal hearing we look at how FOS has treated the High Court…

Calls for increased regulation following rise in FSCS bills

United Kingdom - September 11 2020 The FSCS levy for 2020/2021 was released earlier this year, causing frustration amongst many advisors in the sector. That frustration continues, with…

FCA appoints new CEO

United Kingdom - June 25 2020 The Financial Conduct Authority (FCA) has appointed Nikhil Rathi, the UK head of the London Stock Exchange, as its new permanent chief executive…

Equity Release Market Under the Spotlight

United Kingdom - June 18 2020 Yesterday the FCA published its key findings from exploratory work involving "later life lending". This type of lending is broadly where consumers 55…

FCA advice checker - FCA statement on what customers should look out for in DB transfer advice

United Kingdom - June 11 2020 Wrapping up the documents published by the FCA on 5 June 2020 on the issue of defined benefit pension transfers (DB transfers), we address in this…

The future of DB transfer advice - the FCA's policy statement

United Kingdom - June 10 2020 In part 3 of our blog series on defined benefit pension transfers (DB transfers) we look at the FCA's policy statement on changes to the DB transfer…