FCA required IBA to continue its publication of 1-, 3- and 6-month sterling and yen LIBOR settings for an additional year after end-2021. Following FCA’s consultation earlier this year, the majority of respondents...
Coronavirus: Draft relief for Motor Finance Customers
The FCA published draft relief measures for customers with motor finance agreements today. It is looking for feedback on the measures to be sent to FCAconsumercredit@fca.org.uk by 5pm on Monday 20 April. Who does the...
FCA writes to P2P platforms on wind-down plans
FCA has written a Dear CEO letter to loan-based P2P crowdfunding platforms asking them to review their wind-down arrangements. It has recently carried out a sampling exercise which it says strongly suggests that some...