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FCA, Company Culture, COVID-19

Homeworking threatens corporate culture warns FCA

Working practices are now very different following the lockdown on 23 March, enforced to reduce the number of COVID-19 infections. A largely remote workforce is now common within many firms, but this may produce unwanted side-effects and so the...

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FCA, Financial Services, Insurance, COVID-19

Insurers in the dock as FCA takes High Court action over BI cover and COVID-19

A High Court action being taken by the Financial Conduct Authority and due in July, should provide up to a million businesses with much needed clarity as to whether their business interruption (BI) claim resulting from the UK’s COVID-19 lockdown will...

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FCA, Regulation, Compliance Management

Moneybarn punished for treating vulnerable customers unfairly

The recent fine handed down to car finance provider Moneybarn, should act as a stark reminder to all financial services firms – they must ensure fair treatment of all customers and in particular, those who could be seen as ‘vulnerable’. This month,...

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FCA, Financial Services, Bank of England

Regulators focus on future with new ‘data driven’ strategy

Data is not called the ‘new oil’ for nothing – for business, it’s a hugely valuable commodity, creating insights, allowing analytics and boosting competitiveness. And now, it seems, regulators are also getting in on the act. The Financial Conduct...

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FCA, Company Culture

Incentives for financial advice – time to review what’s on offer?

This year has seen a number of leading financial services providers pushed into the spotlight for their employee incentive schemes, which in some cases have led to large FCA fines. But reward is not a straightforward issue – bonuses have always been...

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FCA, Regulation, Financial Services

Can regulatory action curb Christmas spending debts?

Christmas is coming and retailers are pulling out all the stops to make sure customers spend, spend, spend. But for those already struggling with money problems, the extra debt they rack up will mean misery way beyond New Year.

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