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FCA weeks in review October 16 – 27, 2023

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GRIP Montage: FCA

Martin Cloake

1 min read
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New frameworks and continuing concerns shape our roundup of FCA activity in the past fortnight.

Rules on open banking, SME access to the ombudsman and the approach to boosting competitiveness feature alongside continuing concerns over crypto marketing and the handling of Politically Exposed Persons.

Enforcement

Novaloans Ltd, trading as Cash4UNow, went into administration on October 23. The company was an online-only, high-cost short-term lender.

Rules

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