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
On 7 March 2025, the Financial Conduct Authority (FCA) published its findings following a multi-firm review of firms’ treatment of customers in vulnerable circumstances. The FCA has also published a review of good and poor practice examples to further help firms provide the right care consistent with the Consumer Duty.
Key findings
The
In the first in our new mini-series exploring the UK’s new Consumer Composite Investments regime, Matthew Gregory, Joe Bamford and Simon Lovegrove set the scene by covering at a high level who the new regime applies to, the impact on unauthorised firms, disclosures and timing generally.
Listen to the podcast here.
On 13 February 2025, the Financial Conduct Authority (FCA) published, as part of its artificial intelligence (AI) research series, a research note: An empirical analysis of pricing differences by demographic characteristics in the UK mortgage market.
The research note seeks to understand whether there are differences in the prices paid
On 7 February 2025, the Financial Ombudsman Service (FOS) published a policy statement confirming that it will start charging professional representatives, including claims management companies (CMCs), to refer cases to it.
Background
The Financial Services and Markets Act (FSMA) 2023 gives the FOS the power to make rules
In our latest Global Regulation Tomorrow Plus podcast, Matthew Gregory and Anita Edwards discuss the FCA and the FOS’s joint call for input seeking views on how to modernise the redress system.
Listen to the episode here.
On 30 January 2025, the Financial Conduct Authority (FCA) published a portfolio letter to mortgage intermediaries, setting out its strategy for supervising mortgage intermediaries, including current and future priority areas of supervisory focus for the next 2-year period.
The letter explains that over the next 2 years, the FCA’s key focus will