All posts in Banking And Finance

Social Media

FCA to clarify rules on use of social media to promote financial products

An increase in the use of digital media for financial promotions has prompted the Financial Conduct Authority (FCA) to publish a consultation paper that sets out a new approach to the supervision of financial promotions in social media, the UK’s […]

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euro

ECB implements Single Euro Payments Area for credit transfers and direct debits

Retail payments in Europe have been successfully integrated into one Single Euro Payments Area (SEPA), the European Central Bank (ECB) reported on Friday. SEPA has been implemented for credit

HSBC Canary Wharf

FCA and PRA propose stricter banking sector regulations

Proposals to improve individual responsibility and accountability in the banking sector were announced on Wednesday by the Financial Conduct Authority (FCA), the UK's financial regulatory body. According to the

Britain - Credit Stock

Why your credit report is so important

When applying for a mortgage, loan or any other lending facility, a credit score is obtained by the lender for all of the named individuals on the application

Banks not helping small businesses

Barclays introduces new Community Banker role

British multinational banking and financial services company Barclays announced on Friday that it has launched a new customer service role at its branches, which will see

Motor Insurance

ABI calls on FCA to adopt new minimum standard of information for insurance customers

The Association of British Insurers (ABI), a trade association for the UK's insurance industry, announced on Thursday that it has written to financial industry watchdog the

Canary Wharf, in London's Docklands

British banks pay lower interest rates to loyal customers

British financial service industry regulator the Financial Conduct Authority (FCA) announced on Tuesday that its interim report into the effectiveness of competition in the cash savings

Bank of England

New entry requirements for UK financial institutions increase competition and benefit customers

The Bank of England, which stands at the centre of the UK's financial system, revealed on Monday that financial service industry regulators the Prudential Regulation Authority (PRA) and

The City of London

Business volumes on the rise for UK financial services firms

Optimism in the UK financial services sector continues to increase according to business lobbying organisation the Confederation of British Industry (CBI), which released the latest CBI/PwC

Bank of England

Bank of England proposes measures for short term risks in UK housing market

The Bank of England, the central bank of the UK, reported on Thursday that it made recommendations for the implementation of loan-to-income ratio limit for mortgage

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