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UK Regulation
UK regulator monitors neo-brokers’ game-like features targeting Gen Z
The UK Financial Conduct Authority (FCA) is closely monitoring the game-like features of neo-brokers aimed at young investors. The online...
Conduct & Culture
FCA charts ‘middle courseʼ in pleadings before UK Supreme Court
The Financial Conduct Authority (FCA) proposed a middle route between the “two extremes” of treating all motor brokers as fiduciaries...
Conduct & Culture
Supreme Court hears opposing views of role of broker in motor finance
Car dealers selling finance to customers purchasing a vehicle were either the linchpin in the process determining the price and...
Conduct & Culture
Appeal Court went ‘too farʼ in motor finance judgment, FCA tells Supreme Court
The UK Financial Conduct Authority (FCA) said the Court of Appeal went “too far” in its October 2024 decision that...
Compliance
FCA prepares for industry-wide motor finance redress scheme, cuts out claims firms
The UK Financial Conduct Authority (FCA) looks likely to impose an industry-wide redress scheme for mis-sold car finance, as this...
Compliance
Q3 complaints to Financial Ombudsman leap 40%
The UK Financial Ombudsman Service (FOS) received 20,000 more complaints in Q3 2024/25 than in the same quarter the previous...
Regulatory Oversight
Lawmakers demand answers over sudden exit of chief financial ombudsman
The chairs of the Financial Conduct Authority (FCA) and the Financial Ombudsman Service (FOS) have both been asked to provide...
UK Regulation
FCA publishes request to intervene in Supreme Court case, defends action over motor finance
The Financial Conduct Authority (FCA) has published its application to the UK Supreme Court for permission to intervene in three...
