- What is new: Preliminary findings from the Financial Conduct Authority’s (FCA’s) market study of premium finance, which focuses on motor and home insurance, highlight concerns about affordability, value and transparency,...more
8/4/2025
/ Banking Sector ,
Competition ,
Consumer Financial Products ,
Consumer Protection Laws ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Insurance Industry ,
Interest Rates ,
Loans ,
Regulatory Oversight ,
Regulatory Requirements ,
UK
Is payment to an intermediary, not by its client but by the financial service provider, an illegal inducement or a legitimate distribution cost?
In Hopcraft, the UK Supreme Court will consider this perennial question. The...more
5/22/2025
/ Bribery ,
Competition ,
Disclosure Requirements ,
Fiduciary Duty ,
Financial Conduct Authority (FCA) ,
Insurance Industry ,
Insurance Litigation ,
Lenders ,
Popular ,
Remuneration ,
UK
On 11 March 2025, the UK government announced its decision to abolish the Payment Systems Regulator (PSR) as part of a broader initiative to reduce regulatory burdens and stimulate economic growth.
This action is intended to...more
3/14/2025
/ Bank of England ,
Banking Sector ,
Competition ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Payment Systems ,
Popular ,
Regulatory Authority ,
Small Business ,
UK ,
UK Payment Systems Regulator