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FSA hopes to ease complaints procedures

The Financial Services Authority is proposing to make it easier for firms to complete both the Complaints Return and the Retail Mediation Activities Return (RMAR) by simplifying and shortening them.

The volume of information that firms must report through the Complaints Return and RMAR – both of which are submitted every six months by most firms – will be reduced by around 80% and 30%

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

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