FCA News

FCA proposes additional measures to help insurance customers in financial difficulty because of coronavirus

This guidance follows the temporary measures that have been in place since May this year. The proposed guidance sets out how firms should provide tailored support to consumers who have already had a payment deferral and those newly in financial difficulty due to changed circumstances relating to coronavirus.   For insurance arrangements, this includes measures […]

FCA News

Market abuse in a time of Coronavirus

Speaker: Julia Hoggett, Director of Market OversightEvent: City Financial Global eventDelivered: 12 October 2020Note: this is the speech as drafted and may differ from the delivered version Highlights It is hugely important to us that we have the opportunity to give these speeches as they support all market participants to play their part in ensuring our markets […]

FCA News

FCA bans IFA directors who provided false and misleading SIPP declarations

Mr Howson and Mr Butterfield, who were both directors of the now-liquidated Vanguard Wealth Management Limited (Vanguard), submitted the information to self-invested personal pension (SIPP) provider, James Hay, which had no knowledge of their actions. Vanguard Wealth Management Limited has no connection to the Vanguard Group.  FCA Executive Director of Enforcement and Market Oversight, Mark […]

FCA News

FCA, FSCS and the Ombudsman service publish joint statement on German Property Group (also known as Dolphin Capital/Dolphin Trust/Red Rock), together referred to as GPG

A number of companies in the overseas investment scheme, German Property Group (GPG), have recently entered preliminary bankruptcy proceedings in Germany. This means that any money you might have invested in this scheme is at risk and you need to take action now to help recover this. The GPG companies are incorporated in Germany and […]

FCA News

FCA, FSCS and FOS publish joint statement on German Property Group (also known as Dolphin Capital/Dolphin Trust/Red Rock), together referred to as GPG

A number of companies in the overseas investment scheme, German Property Group (GPG), have recently entered preliminary bankruptcy proceedings in Germany. This means that any money you might have invested in this scheme is at risk and you need to take action now to help recover this. The GPG companies are incorporated in Germany and […]