On 2 June 2016, the FCA updated its unfair contract terms library webpage.

The FCA explains that, in May 2016, it became aware of material on its website that it considers no longer reflects its view on unfair contract terms. As a result, these materials have been removed from the website.

The materials that have been removed are all undertakings. They are included on the webpage in the list of documents removed from the website (see items 12 to 18). The FCA advises firms not to rely on the content of these undertakings as they may no longer reflect its views on unfair contract terms.

In January 2016, the FCA confirmed that it has no current intention to publish guidance on unfair contract terms.  However, the FCA did outline key messages for firms on unfair terms in May 2016.