Your guide to this week in regulation
Stay up to date with our latest round up of financial regulation.
In our final episode of the year, David Morrey and Ben Farmer discuss the latest updates on the motor finance saga, where the Supreme Court has expedited an appeal involving Close Brothers, and the FCA's involvement in urging a swift resolution.
Contents
The conversation also covers other topics related to this regulator:
- Consumer Duty feedback, and review of it in annual reports
- Insight on complaints and root cause analysis
- Consultation on the 'name and shame' rules
- Changes around MiFID in the FCA handbook
Other topics include reporting requirements for life insurers, advice guidance boundary review, and the Barclays fine settlement related to the Qatari investment disclosure case.
Read more about these updates
2024-2025 priorities for Consumer Duty
The FCA on the Consumer Duty in board reports
Complaints root cause analysis and areas for improvement
PRA CP on liquidity reporting for insurance
CP 24/27 advice guidance boundary
Listen to the episode
Subscribe to the series today
Visit our Risk and Regulation Unravelled podcast
Get the latest insights, events and guidance
Straight into your inbox
Authors
-
David Morrey
I am a partner in our Financial Services Regulatory Advisory practice where I help clients dealing with the challenges of current regulation or emerging requirements.View Profile -
Ben Farmer
I support our financial services clients in meeting their regulatory obligations; focusing on conduct risk and customer outcomes.View Profile
Read our related insights, reports and more
Technical
Article
Motor finance: Going concern when the redress bill is unknown
The partial suspension of the FCA’s redress scheme has not reduced the risk facing motor finance firms. It has extended the timeline, which will leave the outcome unresolved when the next accounts are signed and funding lines come up for renewal. We look at what this means for going concern assessments, access to funding and the actions boards should take now.
Episode 93
Regulatory Update: Fewer rules, higher expectations: what the FCA wants next
FCA updates on pure protection, vulnerability in payments, rising whistleblowing cases, AI-driven investment risks, and T+1 readiness challenges.