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FSA in TCF stock take

Sarah Wilson, Financial Services Authority director responsible for Treating Customers Fairly, today gave the market an update on the progress being made with TCF ahead of its next report in July.

Eight months after the FSA published the TCF guide, ‘building on progress’, Ms Wilson said: "First, I would like to emphasise the importance of Treating Customers Fairly. We aim through our regulation

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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

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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