Tag Result: Financial Conduct Authority
Equifax fined £11m over ‘entirely preventable’ major cyber-security breach
Equifax Ltd has been fined £11,164,400 over its role in one of the largest cyber-security...
Where next for equity release? – Crane
It’s hard to comprehend that in 2023 we are still talking about the need for the equity ...
Farage-inspired ‘de-banking’ review reveals zero accounts closed solely due to political beliefs – FCA
Not a single account was closed in the past year primarily due to a customer’s political...
Landlords warned over offering pensions and loans advice
The landlords of shared ownership properties have warned they may face enforcement action ...
Fewer than one million interest-only mortgages outstanding
The number of interest-only mortgages has halved since 2015, now standing at 750,000 and p...
Vernon BS becomes latest lender to sign up to the mortgage charter
Vernon Building Society has now joined the majority of UK lenders in signing up to the gov...
Scope, FCA vocabulary and prioritisation top concerns for brokers around Consumer Duty
Brokers are most commonly asking questions around the scope of Consumer Duty, the meaning ...
Number of struggling borrowers jumps by three million in one year – FCA
The number of people struggling to meet bill and credit repayments has risen to 10.9 milli...
‘Massive variation’ in SVR could come under scrutiny in Consumer Duty
Lenders’ standard variable rates (SVR) have a “massive variation” typically varying ...
Deja vu for brokers over FCA’s mortgage lender intervention ‒ analysis
Brokers have suggested that the FCA’s directions for lenders over how to help struggling...