Day: July 19, 2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, and national competent authorities (NCAs) completed an analysis of the cross-border provision of investment services during 2022. The increase in the cross-border provision of financial services has benefits for consumers and firms, as it fosters competition, expands the offer available to …

ESMA performs an analysis of the cross-border investment activity of firms Read More »

What happens to my insurance policy? If you bought your insurance through MCE Insurance Limited, they acted as your insurance broker and you are insured by Sabre Insurance Company Limited FRN 202795 (‘Sabre Insurance’). Sabre Insurance are not affected by this administration and your policy is still in force. I need to amend my policy, …

MCE Insurance Limited enters administration  Read More »

Together with the Information Commissioner’s Office (ICO) we have written to UK Finance and the Building Societies Association clarifying that savings providers can inform their customers of the best rates available to them, even where they have objected to direct marketing. Now we’ve provided this clarification, we expect firms to point customers to the best …

FCA and ICO confirm how firms can support savings customers Read More »

ASIC has cancelled the Australian financial services (AFS) licence held by FTX Australia Pty Ltd (FTX Australia), effective from 14 July 2023. The terms of the cancellation include provisions that, until the end of 12 July 2024: FTX Australia may provide limited financial services that relate to the termination of existing derivatives with clients; and …

ASIC cancels AFS licence of FTX Australia Read More »