Keep up to date with the latest news from the BVRLA. You can browse our complete collection of articles below.
The Financial Conduct Authority (FCA) has announced its intention to ban commission models where the amount received by the broker is linked to the interest rate that the customer pays and which the broker has the power to set or adjust.
The FCA has recently updated their Senior Managers and Certification Regime (SM&CR) webpages for solo-regulated firms.
Firms are being asked to register on the Financial Conduct Authority’s Connect platform and send them up-to-date details, also known as a mandatory annual update.
The FCA has issued a ‘Dear CEO’ letter regarding the requirements for Strong Customer Authentication in card-not-present e-commerce transactions.
The FCA has published its Inside FCA podcast: Culture and the Senior Managers & Certification Regime, which is a must-listen for firms preparing to implement SM&CR in December.
The Financial Conduct Authority has published a report outlining the findings of a review into the embedding of the SM&CR into the banking sector, following its introduction in March 2016.
The Financial Conduct Authority (FCA) has started work to create a new data collection platform and members are invited to complete its online survey which will help shape thinking on the new system.
The BVRLA hosted the ‘SM&CR: are you ready?’ training course last week, and delegates have been quick to provide their positive feedback.
The Financial Ombudsman Service (FOS) wants to hear your views on how it should fund its future operations, in anticipation of a decline in the current levels of PPI complaints.
The government has confirmed its intention to launch a breathing space scheme to give those in problem debt the right to legal protections from creditor action while they receive debt advice and enter an appropriate debt solution.
The BVRLA has produced a Financial Promotions Factsheet to support members looking to develop policies, registers and approval processes in line with requirements as defined in the FCA handbook, CONC 3.