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OFSI publishes its first sanctions Threat Assessment Report – financial services
The OFSI has published its first sanctions Threat Assessment Report, published as the first in a series of sector-specific assessments addressing threats and vulnerabilities relating to UK financial sanctions. This follows OFSI’s commitment under the Economic…
FCA publishes 2024 financial promotions data and commentary
The FCA has published its Q4 2024 financial promotions data, and analysis and insights in relation to its 2024 financial promotions data, along with a commentary web page. The FCA has highlighted concerns with cryptoasset, debt solutions, and claims…
FCA publishes a speech: “Reframing our relationship with risk: consumer-led sustainable growth”
The FCA has published a speech delivered on 22nd January 2025 by Emily Shepperd, FCA Chief Operating Officer, at the 2025 Risk Leader Summit, hosted by the Professional Risk Managers International Association (PRMIA). The speech considers the risk balance…
FOS announces new digital portal to help financial services businesses
FOS has published an Insights blog announcing the launch of ‘Business Connect’ – a new digital portal designed specifically for financial service providers to enhance the experience businesses have with its service. The portal allows businesses to self-serve…
FCA responds to Government call for regulators to support growth
The FCA has announced that Nikhil Rathi, the FCA Chief Executive, has written to the Prime Minister setting out the significant work it already has underway and how it will go further to support growth. Nikhil sated that the FCA welcomed the Government’s…
Chartered Insurance Institute publishes January 2025 Public Trust Index
New data published by the CII reveals that consumers continue to believe that insurers could do more to build trust, particularly by focusing on loyalty. Overall consumer satisfaction with insurers fell to 84% in the last quarter of 2024, down from 86% a year…
