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Vacation Finance Limited enters administration

  • Post author:
  • Post published:21/11/2024
  • Post category:

Vacation Finance Limited, trading as VFL Finance Solutions, was placed into administration on 20 November 2024. Dina Devalia and Frank Wessely of Quantuma Advisory Limited were appointed as joint administrators.…

Continue ReadingVacation Finance Limited enters administration

A revision of our market cleanliness statistic methodology

  • Post author:Shweta
  • Post published:20/11/2024
  • Post category:

The FCA is improving the accuracy of the market cleanliness statistic (MCS), used in its annual report to measure insider trading.The MCS is based on abnormal stock price movements before…

Continue ReadingA revision of our market cleanliness statistic methodology

FCA bans director following grievous bodily harm conviction

  • Post author:
  • Post published:19/11/2024
  • Post category:

The FCA has banned Mr Ari Harris from working in financial services. In July 2020, Mr Harris was convicted of inflicting grievous bodily harm without intent after stabbing a man…

Continue ReadingFCA bans director following grievous bodily harm conviction

FCA to consult on extending the time motor finance firms have to handle commission complaints

  • Post author:
  • Post published:19/11/2024
  • Post category:

The decision to consult follows the Court of Appeal’s judgment in Hopcraft v Close Brothers Ltd, Johnson v Firstrand Bank Ltd, and Wrench v Firstrand Bank Ltd. The FCA will…

Continue ReadingFCA to consult on extending the time motor finance firms have to handle commission complaints

FCA welcomes the Treasury’s national payment vision

  • Post author:
  • Post published:19/11/2024
  • Post category:

We share the vision of an innovative, safe and competitive payments sector, embracing technological change to better serve people and business.The changes announced today will help ensure better coordination and…

Continue ReadingFCA welcomes the Treasury’s national payment vision
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