FCA warns general insurance firms failing to clearly show last year’s insurance premium at renewal time
FCA warns it will take action against general insurance firms which are failing to clearly show the insurance premium a customer paid last year alongside their proposed renewal premium and to encourage customers to shop around.
SONIA benchmark reform
The date and time of the publication of the SONIA benchmark is changing on Monday 23 April 2018. Friday 20 April 2018 will be the final day for which SONIA will be calculated and published by the Wholesale Market Brokers’ Association (“WMBA”) using the current methodology.
FCA change of London address
Over the summer of 2018, the London offices of the Financial Conduct Authority (“FCA”) are relocating from 25 The North Colonnade, Canary Wharf, London E14 5HS and 1 Canada Square, Canary Wharf, London E14, to a new location in The International Quarter of Stratford: 12 Endeavour Square, London E20 1JN.
FCA change of main consumer telephone number
The Financial Conduct Authority (“FCA”) has changed its main telephone number for consumers from 0845 606 1234 to 0800 111 6768. The number is for Consumers (and people representing consumers) to call the FCA on 0800 111 6768 (freephone) or 0300 500 8082 from the UK, or +44 207 066 1000 from abroad. This number is answered Monday to Friday, 8am to 6pm, and Saturday from 9am to 1pm.
Loan-based crowdfunding platforms may no longer require permission of ‘accepting deposits’
The FSMA By Way of Business Order (SI 2001/1177) is to be amended, affecting P2P lenders and others that operate a loan-based crowdfunding platform which facilitates loans to lending businesses.
Asset Management Market Study: Final Report
FCA releases its final report on the Asset Management Market Study
FCA Fees and Levies 2017/18
FCA publishes consultation paper
FCA Business Plan 2017/18
FCA publishes business plan for 2017/18
Advising on Investments – Change in Definition
UK to change definition of regulated advice
Initial Public Offerings: Reforming the Process
Feedback from discussion paper prompts FCA to reform the Initial Public Offerings process