This morning the Financial Conduct Authority (FCA) released their monthly Regulation round up for April 2017. Andrew Bailey, Chief Executive of the FCA said; “Welcome to this month’s edition of Regulation round-up. I’d like to take this opportunity to discuss in some detail the documents that we have published today.
The Financial Conduct Authority (FCA) have recently sent emails to firms with debt adjusting and/or debt counselling permissions who have a ‘no debt management’ limitation. But what exactly does this mean?
By Ruth Sunderland and James Burton For The Daily Mail Read more: Daily Mail Posing on the bonnet of a brand-new Bentley, in high heels, dark glasses and showing off the shapeliest of legs, Elina Cobaleva looks every inch the multi-millionaire’s wife. The celebrity stylist was clearly relishing the moment.
By Damian Fantato for FT Adviser A mortgage broker has had his permissions cancelled after misleading the Financial Conduct Authority about his capital resources position. Huddersfield-based Michael Wilkinson, trading as Michael Wilkinson Mortgages, did not have adequate financial resources for the regulated activity he carried out. The FCA had asked Mr Wilkinson to provide documentary evidence…