London Capital & Finance – The FCA’s failed approach to misleading financial promotions This article covers the approach the FCA took to the financial promotions issued by London Capital & Finance (LCF) including its use of its financial promotions power.…
Online Webinar: Lessons from Open Banking: Making Open Finance and Pensions Dashboards work for consumers
Online Webinar: Lessons from Open Banking: Making Open Finance and Pensions Dashboards work for consumers Wednesday 15th July, 1pm, Zoom Webinar Sheldon Mills, Interim Executive Director of Strategy and Competition, FCA Faith Reynolds, Independent Consumer Representative, Open Banking Implementation Entity…
New City Agenda: Response to FCA consultation on temporary financial relief for customers impacted by the coronavirus
New City Agenda: Response to FCA consultation on temporary financial relief for customers impacted by the coronavirus 6th April 2020 In response to the FCA’s consultation on supporting users of certain consumer credit products we are writing to request an immediate…
Unnatural selection: Adaptive Markets, Powys and Kent Councils, Too-Big-To-Fail Banks and Cultural Change
Unnatural Selection: Adaptive Markets, Powys and Kent Councils, Too-Big-To-Fail Banks and Cultural Change In March 2007, Powys County Council had £14.5 million invested in Goldman Sachs’ Global Tactical Asset Allocation fund. They were attracted by the name and steady returns…
EVENT: The Payment Systems Regulator: Ensuring access to cash, preventing payment scams and promoting competition
EVENT: The Payment Systems Regulator: Ensuring access to cash, preventing payment scams and promoting competition Chris Hemsley, Co-Managing Director of the PSR Louise Buckley, Co-Managing Director of the PSR Natalie Ceeney, Chair, Access to Cash Review Chaired by Lord Sharkey…
EVENT: Sir John Kingman’s Independent Review of the Financial Reporting Council
EVENT: Sir John Kingman’s Independent Review of the Financial Reporting Council Sir John Kingman, Chair of the Independent Review of the Financial Reporting Council & Chair, Legal and General Chaired by Lord Sharkey 9.00am-10.15am, Thursday 16th May 2019, Committee Room 14, House…
EVENT: How To Make Regional Mutual Banking A Reality
EVENT: How To Make Regional Mutual Banking A Reality Tony Greenham, RSA Senior Associate & Executive Director, South West Mutual Fran Boait, Executive Director, Positive Money Tuesday 2nd April 2019, 9.00am-10.15am, Committee Room 10, House of Commons To register please…
EVENT: A Conversation with Michael Lewis, (Author of The Fifth Risk, The Big Short, Flash boys and Liar’s Poker)
EVENT: A Conversation with Michael Lewis, (Author of The Fifth Risk, The Big Short, Flash boys and Liar’s Poker) Chaired by Lord McFall and Lord Sharkey Wednesday 7th November, 2.15pm-3.15pm, Boothroyd Room, Portcullis House This event is now at capacity. Best…
EVENT: Should banks have a duty of care to their customers?
EVENT: Should banks have a duty of care to their customers? Christopher Woolard, Executive Director of Strategy and Competition, FCA Sue Lewis, Chair, Chair, Financial Services Consumer Panel Mary Kyle, Governance & Standards Adviser, City of London Corporation 9.00am-10.30am, Tuesday…
Lessons from Wonga
Lessons from Wonga Wonga was lauded as an innovative and technologically savvy company. It was using fintech, big data and automated decision-making to make high-cost, short-term payday loans. But its business model depended on high-cost loans, repeat customers, weak affordability…