AM-online3d
Financial Conduct Authority to consult on extra extension for car loans complaints
The finance regulator believes that firms who provide motor finance are likely to receive a high volume of complaints in ...
Gentleman's Journal4d
Money laundering at Metro Bank. What the hell is going on?
In another blow to Metro Bank, the Financial Conduct Authority argues that poor controls on transactions worth tens of ...
Santander UK sets aside $375 million to cover possible motor finance claims
The UK arm of Spain's Banco Santander , has set aside 295 million pounds ($375 million) to cover possible costs related to an ...
Britain's FCA consults on motor finance complaints extension
The Financial Conduct Authority is seeking feedback on proposals to give lenders more time to handle complaints on ...
'Call for input' about how best to handle mass financial complaints
The Financial Conduct Authority and the Financial Ombudsman Service have jointly launched an appeal for views from firms and ...
Fintech Giant Revolut To Offer U.K. And EU Stock Trading After Getting License
Britain’s most valuable fintech has been awarded a trading license that will allow its users to begin trading U.K. and ...
JD Supra1d
UK High Court Finds London Capital & Finance Plc to be a Ponzi Scheme
The U.K. High Court has handed down judgement in the civil case of London Capital & Finance Plc (in administration) and others v Michael ...
Issues with mass financial complaints to be put under spotlight
Sudden and significant increases in complaints can cause firms to struggle to effectively respond, delaying any customer ...
U.K. Regulator Proposes Extension for Motor-Finance Companies to Handle Complaints
The extension proposal follows a Court of Appeal judgment in October that ruled it was unlawful for car dealers to get a commission from motor-finance lenders without the customer's informed consent.