Andrew Bailey has been announced as the new governor of the Bank of England by Chancellor Sajid Javid. Bailey has been appointed for an eight-year term and will receive a yearly salary of £495,000. He will succeed current governor Mark Carney on 16 March 2020. Bailey has served as chief executive...
We have today published our Consultation Paper ‘Guidance for firms on the fair treatment of vulnerable consumers’ . We are consulting on new draft guidance for firms that sets out the FCA’s view on what firms should be doing, under our Principles for Businesses, to ensure that vulnerable...
The aggregator is the latest firm to be targeted by fraudsters. The Financial Conduct Authority (FCA) has issued a warning that price comparison website Moneysupermarket has been cloned. Fraudsters have been attempting to trick customers by pretending to be the aggregator. The regulator warned that scammers may use Moneysupermarket’s real details to fool customers,...
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