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Navigating the Consumer Duty: FCA insights into Fair Value Frameworks
The Financial Conduct Authority (FCA) has disclosed its findings from a review of 14 fair value frameworks ahead of the Consumer Duty implementation in less than three months. RegTech platform Novatus Advisory has reviewed this and outlined the key takeaways for firms.
FCA underscores urgent need for robust control measures in UK payment...
The Financial Conduct Authority (FCA), the UK's principal financial regulator, sent a pointed "Dear CEO" letter on 16 March 2023. Initially, it praised the competition and innovation witnessed in the payment sector. However, this recognition was soon overshadowed by grave concerns.
Lenders scramble to meet Consumer Duty deadline, 61% seek external expertise
As the deadline for the Financial Conduct Authority (FCA)'s Consumer Duty approaches, a startling 67% of lenders report feeling unsupported by the FCA.
FCA set to lead first ever Greenwashing TechSprint
The FCA will be among the 13 international regulators so far taking part in the first-ever Greenwashing TechSprint that will launch on 5 June this year.
FCA delays sustainability disclosure requirements introduction
The Financial Conduct Authority (FCA) has revealed it will push back the introduction of its sustainability disclosure requirements for asset managers.
FCA names new joint exec directors of enforcement and market oversight
The Financial Conduct Authority (FCA) has appointed Therese Chambers and Steve Smart as joint executive directors of enforcement and market oversight.
FCA completes preliminary review on ESG benchmarks
The Financial Conduct Authority (FCA) has revealed it has completed a preliminary review on ESG benchmarks.
UK’s FCA takes action against crypto ATMs in London
The UK’s Financial Conduct Authority (FCA) has made another move to crackdown on crypto ATMs by inspecting several sites in East London.
The UK’s FCA will tackle competition in trade market data
The UK’s Financial Conduct Authority (FCA) has announced it will tackle competition problems with the trade market data.
FCA calls for culture shift in e-money businesses
The FCA has said that e-money companies in the UK will need to undertake a ‘significant shift in culture and behaviour’ to comply with new Consumer Duty rules.









