Regulatory Updates

FCA sets out steps to improve whistleblower confidence

4 May 2023 - In The News

Following a qualitative survey of whistleblowers, and alongside the publication of the latest whistleblowing quarterly data, the FCA has set out actions to improve the confidence of whistleblowers – including sharing further information with whistleblowers on…

Read More

FCA consults on its fees and levies proposal for 2023/24

18 Apr 2023 - In The News

The FCA is consulting on the rates for the regulatory fees and levies for the next financial year (1 April to 31 March). The Consultation Paper (CP 23/7) explains how it proposes to recover the costs of carrying out its work, covering: The FCA’s annual…

Read More

FCA publishes its 2023/24 business plan

4 Apr 2023 - In The News

Although the FCA published a three-year Strategy last year, it also published the usual 12-month Business Plan, and has done so again this year. Within the Business Plan 2023/24 the FCA has set out an ambitious programme for the next 12 months to achieve…

Read More

Financial Ombudsman service award limit increases

28 Mar 2023 - In The News

The FOS award limit is the maximum amount it can require a financial business to pay when it upholds complaints. This limit is adjusted each year in line with inflation, as measured by the Consumer Prices Index (CPI). The FCA has confirmed that, from 1…

Read More

FCA launches a call for input in relation to SME access to FOS

16 Mar 2023 - In The News

The FCA has published a call for input on whether the thresholds for SMEs to be able to refer complaints to FOS remain appropriate. This review seeks to ensure that access to the Ombudsman Service remains available for SMEs that are unlikely to be able to…

Read More

FCA publishes the latest regulatory initiatives grid

7 Mar 2023 - In The News

The Regulatory Initiatives Grid is updated twice each year by the Financial Services Regulatory Initiatives Forum, which is made up of representatives from the Bank of England, FCA, PRA, Payment Systems Regulator, the Competition and Markets Authority, the…

Read More
 
Share this
 
Share this