All posts tagged FCA

FCA targets unacceptable practices from short term credit providers

The FCA’s Thematic Review found that many High Cost Short Term Credit (HCSTC) providers failed to recognise customers in financial difficulty and in some cases misleading practises were conducted to obtain money from clients in arrears. In these cases intervention […]

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When the regulators come knocking …

Published on 6th January 2015   Following new complaints guidance being issued by the FCA, Ian Lewis, senior partner at law firm Lewis Hymanson Small (LHS) said it pays to read more »

New FCA paper promotes longstop tool

A new consultation paper has proposed the adoption of the European directive on Alternative Dispute Resolution (ADP). The FCA’s paper promotes a method of implementation that does not inhibit read more »

Broker guide: The FCA vs the LSB

A recently published Memorandum defined the differences between the FCA and the Lending Standards Board. The watchdog has reported on the responsibilities of both its own Authority and the read more »

FCA’s bridging finance MI at risk of distortion

At the recent ASTL conference, the FCA’s Lynda Blackwell stated that the regulator’s ‘market intelligence’ is sourced from trade press reports. During the ASTL conference, on being questioned by read more »