FCA News

FCA update on Liverpool Victoria

Our response provides additional information on the forthcoming member votes, and the appointment and work of the Independent Experts considering different aspects of the proposed transaction.  In light of stakeholder interest in LV’s proposed deal, we have published our response for interested stakeholders. If members vote in favour of the Scheme of Arrangement, we will […]

FCA News

Consumer warning on Grosvenor Associates Ltd

Grosvenor Associates Ltd’s connections with Marvell Enterprises Ltd  Grosvenor is connected with Marvell Enterprises Ltd, which we recently issued a consumer warning about. Marvell appeared to have been carrying out investment activities for which it did not have permission and consumers may have invested substantial sums in bonds or loan notes issued by Marvell. Consumers may […]

FCA News

FCA sets out fees proposals for 2022/23

Read the consultation The minimum fee, which has remained largely unchanged over the last decade, would increase from £1,151 to £2,200. The fee increase would better reflect the costs associated with the authorisation and supervision of 51,000 firms throughout the UK. As part of its transformation to a more innovative and assertive regulator, the FCA […]

FCA News

Mortgage Prisoner Review

Read the review  We understand the difficult circumstances that mortgage prisoners are in. That’s why the Government asked us to provide data to help them consider whether there are practical and proportionate solutions to help these borrowers. Our review provides this data. It sets out the loan and borrower characteristics of the wider population of […]