Fca

The Financial Conduct Authority (FCA) has confirmed new rules which apply to certain types of open-ended fund investing in inherently illiquid assets such as property. The new rules apply to these funds, known as non-UCITS retail schemes (NURSs), but will not apply to other types of fund, such as UC

Chartered Accountancy firm Wylie & Bisset has welcomed the Debt Arrangement Scheme reforms, which it says will improve accessibility and streamline bureaucracy. A formal Scottish debt solution allowing individuals struggling with debt to repay it back over a longer period, the Debt Arrangem

Bosses at Goals Soccer Centre, the five-a-side football pitch provider, have admitted that the £12 million blanks in their accounts could be much higher.

The independent investigation into the approach to, implementation and oversight of the Connaught Income Fund is now up and running and is inviting affected individuals to get in touch. The Financial Conduct Authority (FCA) board committed to a review into the Connaught Fund in 2016,

The Financial Conduct Authority (FCA) has updated and published draft directions under its Temporary Transitional Power (TTP). The TTP gives the FCA flexibility in applying post-Brexit requirements, allowing firms to transition to a new UK regulatory framework.

London-based fintech startup, Glint, has gone into administration.

The Financial Conduct Authority (FCA) has announced that Sheree Howard has been appointed as executive director of Risk and Compliance Oversight (R&CO). Sheree is currently interim director of R&CO having joined the FCA as a senior adviser in December 2017. Before joining the FCA, Sheree spe

The dramatic surge in claims for mis-sold PPI before last week’s deadline has led RBS to allocate between £600-£900 million to cover the costs.

The number of people claiming Payment Protection Insurance (PPI) compensation has increased this week ahead of next week's deadline.

Christopher Woolard Competition is working well for most consumers using investment platforms, according to the interim findings of the Financial Conduct Authority's (FCA) market study into investment platforms, published today.

A leaked Financial Conduct Authority (FCA) report says RBS management "turned a blind eye" to failings in its scandal-hit Global Restructuring Group (GRG), the Mail on Sunday reports. The unpublished report is said to reveal that RBS management pressured staff members to squeeze companies for larger

The number of outstanding mortgages extended under interest-only terms has fallen by almost one third over the past four years, research from the Council of Mortgage Lenders (CML) has revealed. The number of outstanding interest-only loans dropped from around 3.2m in 2012, to 2.2m last year – a de

The Royal Bank of Scotland (RBS) is facing scrutiny over allegations that it may have breached data protection laws by improperly editing its internal customer records. The Information Commissioner's Office (ICO) is looking into the matter following claims made by RBS customer and small business dir

Martin Gilbert, chief executive of Aberdeen Asset Management Aberdeen Asset Management has confirmed the acquisition of Bristol-based Parmenion Capital Partners LLP and its sister company Self Directed Holdings.

The Royal Bank of Scotland has reportedly appointed external advisers to assist an investigation into its historic treatment of small business customers. The bank is still looking into allegations that small firms were pushed into the Global Restructuring Group (GRG) in order for RBS to charge highe