Financial Conduct Authority Archives - Page 2 of 2

U.K. Banks to Pay $2.4 Billion to Settle Insurance Mis-Selling: Sources

Britain's biggest banks are close to an agreement with regulators to pay as much as 1.5 billion pounds ($2.4 billion) to compensate customers wrongly sold insurance for credit-card and identity ...

U.K. Regulator Reviewing Insurance Add-On Products

The U.K. markets regulator is reviewing whether there is enough competition in insurance add- on products, which are sold along with purchases such as vacations or a car. The market study is looking ...

Will Britain’s New Financial Regulatory Bodies Curb Excesses?

Britain launched its new system of financial supervision on Tuesday, hoping that two new regulators will succeed where a single one failed in preventing banking crises and protecting consumers from ...