On 16 April 2025, the Financial Conduct Authority (FCA) published a consultation paper, CP25/9, on further proposals on product information for consumer composite investments (CCIs).
Background
The FCA consulted in CP24/30 on a new product information regime for CCIs, which is intended to be a simpler and more flexible system
On 14 April 2025, the Financial Conduct Authority (FCA) published the findings from its multi-firm review of how retail banks and building societies approach the treatment of customers in vulnerable circumstances that involve bereavement and power of attorney (PoA), highlighting examples of good practice and areas for improvement.
Background
As part
On 11 April 2025, the Financial Conduct Authority issued Occasional Paper 66 – Playing the market: a behavioural data analysis of digital engagement practices and investment outcomes. In the Occasional Paper the authors draw upon a large representative sample of consumer data from several trading app firms (platforms that allow users to buy and
On 11 April 2025, the Financial Conduct Authority (FCA) published its observations following a multi-firm review of trading apps.
Background
The FCA conducted the review as it wanted to understand how retail customers were using trading apps. It looked at the business models, product offerings and services of 12 trading app firms.
On 31 March 2025, the Prudential Regulation Authority (PRA) published a consultation paper, CP4/25, setting out proposed changes in relation to the deposit protection available from the Financial Services Compensation Scheme (FSCS). The PRA is responsible (under the Financial Services and Markets Act 2000) for making rules in relation to
On 24 March 2025, the Council of the EU published two notes (dated 11 March 2025) which both contain a three-column table comparing the EU institutions’ positions on the proposals for the Retail Investment Strategy. The first note covers the proposed Regulation amending Regulation (EU) No 1286/2014 as regards the modernisation of the key information
In the second episode of our Global Regulation Tomorrow Plus podcast mini-series exploring the UK’s new Consumer Composite Investments regime, Joe Bamford and Anita Edwards discuss the proposed disclosures that would be required under the new regime – the Product Summary Disclosure and the Core Information Document.
Listen to the podcast here.
On 19 March 2025, the European Commission (Commission) adopted its strategy for the savings and investments union (SIU).
More inclusive and citizen-focused
The SIU draws on progress already made under the two Capital Markets Union (CMU) action plans and the parallel efforts to develop the Banking Union. Compared to
On 11 March 2025, the Financial Conduct Authority (FCA) published a statement on its next steps in relation to the motor finance review.
Background
The FCA is currently reviewing the past use of motor finance discretionary commission arrangements (DCAs), with the aim of understanding if firms failed to comply with