Bing alternative finance

Extending the SMCR to FCA-only authorised firms: Our insights - JD Supra (press release)

Mon, 07/31/2017 - 15:46

Extending the SMCR to FCA-only authorised firms: Our insights
JD Supra (press release)
Certified Persons will not be subject to approval by the FCA, as is currently the case with approved persons. Rather firms will be required to act as 'mini-regulators' with responsibility for assessing the fitness and propriety of their Certified ...

FCA proposes extending the SM&CR - Bridging & Commerical

Mon, 07/31/2017 - 13:50

FCA proposes extending the SM&CR
Bridging & Commerical
In October 2015, HM Treasury announced its intention to extend the regime to replace the Approved Persons Regime. The aim of the new regime is to reduce harm ... Five conduct rules that will apply to all financial services staff at FCA authorised firms ...

FCA sets out details of motor finance review - AM-online

Mon, 07/31/2017 - 11:04

Moneywise Magazine

FCA sets out details of motor finance review
AM-online
A statement from the FCA said: “We are taking forward a range of work to help us to answer these questions, and to decide what further interventions may be necessary. “This includes supervisory work with FCA-authorised lenders, detailed analysis of ...
UK regulator says fee cap may not solve overdraft concernsReuters UK

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Categories: P2P Lending

FCA warns investors against clone of AMC Capital Invest - The Armchair Trader (blog)

Mon, 07/31/2017 - 09:05

FCA warns investors against clone of AMC Capital Invest
The Armchair Trader (blog)
More sophisticated variants will even copy the website of the authorised firm, making subtle changes such as to the phone number. The FCA has even seen fake versions of its own website and Register circulated that include the contact details of the ...

Categories: P2P Lending

The FCA's flexible approach to the SCMR will help restore public trust in financial services - City A.M.

Mon, 07/31/2017 - 06:01

City A.M.

The FCA's flexible approach to the SCMR will help restore public trust in financial services
City A.M.
By the end of next year, the entire UK financial services industry will have had a makeover designed to improve the culture of those firms that operate within it. The crux of the new regime is that key senior individuals will be held responsible and ...

Categories: P2P Lending

FCA Approved to Sell its Diesel Vehicles Again - AutoGuide.com

Fri, 07/28/2017 - 18:03

AutoGuide.com

FCA Approved to Sell its Diesel Vehicles Again
AutoGuide.com
FCA has refuted the idea and now hopes the software fix it is using on 2017 model year vehicles can be the foundation for a fix on older 2014-2016 diesel vehicles. The company restarted production earlier this month in anticipation of approval and ...

PA ANALYSIS: The Senior Managers and Certification Regime ... - Portfolio Adviser

Fri, 07/28/2017 - 16:44

Portfolio Adviser

PA ANALYSIS: The Senior Managers and Certification Regime ...
Portfolio Adviser
Portfolio advisers are to be subject to a new regulatory regime initially devised to make senior managers in banks responsible for the actions of staff, but soon to ...
Senior Managers' and Certification Regime Consultation - what ...Lexology (registration)

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Categories: P2P Lending

FCA Receives Approval to Sell Diesel Ram 1500, Jeep Grand Cherokee - Motor Trend

Fri, 07/28/2017 - 16:09

Motor Trend

FCA Receives Approval to Sell Diesel Ram 1500, Jeep Grand Cherokee
Motor Trend
Fiat Chrysler has received approval from the Environmental Protection Agency to produce and sell its 2017 model-year diesel vehicles. That means it will start churning out 2017 Ram 1500s and Jeep Grand Cherokees powered by 3.0-liter diesel engines.
FCA gets the green light to resume some US diesel-vehicle salesFinancial Times
Fiat wins EPA approval for 2017 diesel Jeeps, Ram pickupsDaily Mail
Fiat Chrysler Diesels Earn EPA and CARB CertificationThe Drive
Automotive News (subscription) (blog) -Phys.Org -PR Newswire (press release)
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Categories: P2P Lending

FCA publishes consultation for extension of Senior Managers Regime - Credit Strategy

Fri, 07/28/2017 - 15:56

Credit Strategy

FCA publishes consultation for extension of Senior Managers Regime
Credit Strategy
The Senior Managers & Certification Regime (SM&CR) was created by the FCA to replace the Approved Persons Regime, reduce harm to consumers and strengthen market integrity by making individuals more accountable for conduct and competence.

Financial Regulators Consult On Extension Of Senior Managers And ... - Mondaq News Alerts (registration)

Fri, 07/28/2017 - 13:12

Insurance Business

Financial Regulators Consult On Extension Of Senior Managers And ...
Mondaq News Alerts (registration)
The UK's financial regulators have promised a consistent and proportionate regulatory framework as they consult on proposals for the extension of individual ...
The extension of the Senior Managers and Certification Regime to ...Lexology (registration)

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Categories: Crowdfunding

The extension of the Senior Managers and Certification Regime to ... - Lexology (registration)

Fri, 07/28/2017 - 11:00

Insurance Business

The extension of the Senior Managers and Certification Regime to ...
Lexology (registration)
On 26 July, the FCA launched a consultation paper regarding the extension of the Senior Managers and Certification Regime (“SMCR”) to all authorised…
What do the new FCA proposals really mean? | Insurance BusinessInsurance Business

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Appeals Court Revives FCA Case Over Faulty Hip Implants ... - The National Law Journal (registration)

Thu, 07/27/2017 - 23:17

Appeals Court Revives FCA Case Over Faulty Hip Implants ...
The National Law Journal (registration)
The court allowed allegations that DePuy Orthopaedics sold defective hip implants to doctors who sought government reimbursement for them.

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US likely to approve Fiat Chrysler's 2017 diesels: sources - Reuters

Thu, 07/27/2017 - 22:06

Reuters

US likely to approve Fiat Chrysler's 2017 diesels: sources
Reuters
WASHINGTON (Reuters) - U.S. and California regulators are expected to approve Fiat Chrysler Automobiles' request to sell 2017 diesel vehicles, two sources said on Thursday – a move that may help the Italian-American automaker win approval for a ...

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The ai Corporation approved as an Electronic Money Institution - Finextra

Thu, 07/27/2017 - 14:25

The ai Corporation approved as an Electronic Money Institution
Finextra
Payment and risk management experts, The ai Corporation's (ai) and its suite of payment solutions, including machine learning risk management tools, have ...

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The ai Corporation approved as an Electronic Money Institution - Finextra

Thu, 07/27/2017 - 14:20

The ai Corporation approved as an Electronic Money Institution
Finextra
Payment and risk management experts, The ai Corporation's (ai) and its suite of payment solutions, including machine learning risk management tools, have been granted an e-money licence by the UK Financial Conduct Authority (FCA). The ai Corporation ...

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Here's the problem with the FCA's asset management review - Interactive Investor

Thu, 07/27/2017 - 13:15

Interactive Investor

Here's the problem with the FCA's asset management review
Interactive Investor
The other is independent governance, the idea of appointing independent directors to authorised fund managers with a specific duty to consider the value-for-money proposition. Personally, I think the FCA has underestimated the difficulties here ...

Insurance bulletin: FCA consults on extended SMCR - Lexology (registration)

Thu, 07/27/2017 - 12:58

www.professionaladviser.com

Insurance bulletin: FCA consults on extended SMCR
Lexology (registration)
The SMCR is being extended beyond its current scope to almost all UK authorised firms and incoming branches of non-UK firms. For these firms, the SMCR will replace the existing Approved Persons Regime. Prior to consulting on the changes, the FCA had ...
UK to apply banker accountability rules to wider financial sectorYahoo News UK

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FCA register proposals provoke concerns for firms and consumers - www.professionaladviser.com

Thu, 07/27/2017 - 12:24

www.professionaladviser.com

FCA register proposals provoke concerns for firms and consumers
www.professionaladviser.com
Among plans published yesterday to extend the senior managers regime to all regulated financial services firms were proposals certified people within a firm would not need to be approved directly by the FCA. ... become 'certified people', unless they ...
FCA launches consultation on the extension of the Senior Managers and Certification RegimeLexology (registration)
UK to Apply Banker Accountability Rules to Wider Financial Sector ...New York Times
UK: FCA Consults on Proposals to Extend the Senior Managers and Certification Regime to All Financial Services FirmsPaymentsCompliance (subscription)

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Lloyds reports 4% rise in profit despite £1 billion provision - Citywire.co.uk

Thu, 07/27/2017 - 09:34

Citywire.co.uk

Lloyds reports 4% rise in profit despite £1 billion provision
Citywire.co.uk
'Ensuring fair treatment of customers, especially those in financial difficulties or who are vulnerable, is a key priority for the FCA,' said Jonathan Davidson, executive director of supervision, retail and authorisation, at the FCA . 'We continue to ...

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Categories: EIS SEIS

Jupiter makes a virtue of margins FCA deems a vice - Financial Times

Wed, 07/26/2017 - 19:35

Financial Times

Jupiter makes a virtue of margins FCA deems a vice
Financial Times
Warning: This commentary may contain initially positive remarks about a fund management company. If you are unsure of the suitability of these views, please contact an authorised financial detractor. However, market and regulatory factors may cause the ...

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