The Financial Conduct Authority (FCA) has today announced that it is seeking evidence and feedback to further inform its work on high-cost credit, including a review of the payday loan price cap. Since taking over regulation of consumer credit in April 2014, the FCA has focused on products that it believes pose the highest risks…
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Annuity providers will be required to inform their customers how much they could gain from shopping around and switching provider before they purchase an annuity under plans, the Financial Conduct Authority (FCA) has announced today. The FCA previously has found that 60% of customers were not switching providers when they bought an annuity and up…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Janus Options / Kinetex Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Metro Loans UK Ltd. Metro Loans UK Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Pearson Global Markets / Pearson Private Clients. Pearson Global Markets / Pearson Private Clients is not authorised by the FCA but has been targeting people in…
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Following an investigation by the Financial Conduct Authority (FCA), Charanjit Sandhu of Grays, Essex, has appeared before the City of London Magistrates Court charged with conspiracy to defraud, together with offences under the Financial Services and Markets Act 2000 and the Fraud Act 2006. The offences relate to the promotion and sale of shares through…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm The Loan Lenders. The Loan Lenders is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Search Loans Ltd. Search Loans Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The UK Financial Conduct Authority (FCA) has today published the interim findings of its asset management market study, which suggests that there is weak price competition in a number of areas of the asset management industry. The FCA launched the market study in November 2015 to assess whether competition is working effectively. It looked at…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm London Commodity Exchange Plc. London Commodity Exchange Plc is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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