Blogs

FIsion Blog

A watching eye on financial services regulation

'Mortgage prisoners' : FCA turns the regulatory key in cell door with final rules

The FCA has finalised changes to its responsible lending rules and guidance to introduce a modified affordability assessment for eligible consumers with immediate effect. Lenders who choose ...

Read more Share

High Cost Credit Review: Further rules on overdraft pricing and competition remedies finalised

Following publication of final rules and a further consultation on a range of measures transforming the overdraft market in June 2019, the FCA has now issued further...

Read more Share

N v RBS: Terminating a banking relationship without notice where money laundering is suspected

A recent High Court judgment has held that a bank was not in breach of contract for closing a customer's account without notice in circumstances where the bank had suspicion of money...

Read more Share

FCA to increase focus on SMCR conduct rules

The Financial Conduct Authority (FCA) has indicated that it intends to increase its supervisory focus on the application of the senior managers and certification regime (SMCR) conduct rules.

Read more Share

FCA draft vulnerability guidance: embedding 'doing the right thing' in firms' culture

The FCA has published a consultation on proposed non-Handbook guidance for firms on the fair treatment of vulnerable customers. The FCA reiterates that vulnerability is one of its key...

Read more Share
Loading data