More people could access advice or support to help make their money work harder under proposals set out today by the Financial Conduct Authority (FCA) and the Government. The potential options aim to help more people benefit from investment opportunities, provide for later life, save for major expenses or tidy up their finances. The FCA
The FCA has proposed new rules to maintain reasonable access to cash for personal and business customers across the UK. This follows new powers granted to the FCA by the Financial Services and Markets Act 2023. Under the FCA’s proposals, designated banks and building societies will need to assess gaps in access to cash. These
People will find their credit files better reflect their financial circumstances, under proposals announced by the Financial Conduct Authority (FCA). The change is one of a range of measures to improve the quality of the information collated by credit reference agencies (CRAs), which is used to inform lending decisions, and boost competition in the market.
The Financial Conduct Authority (FCA) has censured NMC Health Plc (NMC) for misleading the market about its debt. NMC was a healthcare operator headquartered in the United Arab Emirates. It entered the FTSE100 in 2017. Between March 2019 and February 2020, NMC published a series of financial statements and several clarification announcements which contained materially
A review by the FCA has found that while most Authorised Fund Managers (AFMs) have made efforts to comply with the FCA’s expectations on the design, delivery, and disclosure of their ESG and sustainable funds, further improvement is needed. The FCA is publishing this review ahead of its final rules and guidance on Sustainability Disclosure
