Press releases

Just one day left to act: PPI complaints deadline is tomorrow

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The FCA issues final reminder to UK consumers - PPI won't be back

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Claims management companies must raise advertising standards, says FCA

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Claims management companies (CMCs) must do more to ensure their promotions do not mislead potential customers according to the Financial Conduct Authority (FCA). Since the FCA took over regulation of CMCs on 1 April 2019 it has reviewed over 200 CMC adverts in various media and found widespread poor-practice in CMCs.

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Time is running out: the pressure is on to prioritise PPI

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With one in five Brits reporting they’ve left making a decision to the last minute and with a week to go to the PPI complaints deadline, the time for decision-making is now.

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Upper Tribunal publishes decision on Andrew Tinney, the former COO of Barclays Wealth

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Following contested proceedings, the Upper Tribunal has found that Andrew Tinney, the former Chief Operating Officer (COO) of Barclays Wealth and Investment Management (Barclays Wealth), breached his obligation as an approved person to act with integrity.

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FCA agrees plan for a phased implementation of Strong Customer Authentication

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The Financial Conduct Authority (FCA) has today agreed a plan that gives the payments and e-commerce industry extra time to implement Strong Customer Authentication (SCA).

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ISDA Publishes Preliminary Results of Benchmark Fallbacks Consultation on Pre-cessation Issues

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ISDA has today published a statement summarizing the preliminary results of a consultation on pre-cessation issues for LIBOR and certain other interbank offered rates (IBORs).

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5 million pension savers could put their retirement savings at risk to scammers

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New figures show cold calls, exotic investments and early access to cash among most persuasive tactics used by fraudsters
Those who consider themselves financially savvy are just as likely to be persuaded
FCA and TPR join forces to warn pension savers as part of latest ScamSmart campaign

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Bloomberg Selected as Fallback Adjustment Vendor

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ISDA today announced that Bloomberg Index Services Limited (BISL) has been selected to calculate and publish adjustments related to fallbacks that ISDA intends to implement for certain interest rate benchmarks in its 2006 ISDA Definitions.

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FCA provides clarity on current cryptoassets regulation

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The FCA is today publishing Final Guidance which sets out the cryptoasset activities it regulates. This is in response to the FCA’s consultation published earlier this year.

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ISDA Publishes Preliminary Results of Supplemental Benchmark Fallbacks Consultation

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ISDA has today published a statement summarizing the preliminary results of a supplemental consultation on adjustments that would apply to fallback rates in the event certain interbank offered rates (IBORs) are permanently discontinued.

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