The Latest Breaking News from FCA

FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customers

The Financial Conduct Authority has set out a 14-point plan to ensure banks and building societies are passing on interest rate rises appropriately.

UK mortgage approvals rise to eight-month high in June, while eurozone GDP rises after narrowly avoiding winter recession

FCA’s new rules aimed at improving value for money for customers and preventing ‘foreseeable harm’

Overseen by the Financial Conduct Authority, it aims to ensure consumers are at the heart of what companies do.

The way financial firms communicate with customers and their products and services will need to comply with the new consumer duty.

Nigel Farage calls for royal commission as data shows big jump in customers being ‘debanked’

New “consumer duty” rules introduced by the Financial Conduct Authority (FCA) aim to set clear standards for the protection of financial consumers. Banks, building societies, investment and insurance firms, as well as many other types of business, are being told to “put their customers’ needs first”.

WH Ireland successfully raised £5 million at a steep discount this morning, after warning it was in danger of collapse if it failed to do so

New regulations coming into force at the end of July should signal good news for customers of banks and other financial services firms. 

Concerns raised over anonymous briefings that triggered early-hours resignation of Dame Alison Rose