FSA successor to ban firms' use of logo

clock

Regulated firms will not be able to use the logo of the Financial Services Authority's (FSA's) successor, under plans drawn up for next year.

With the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) replacing it once the Financial Services Bill has made its way through parliament, the FSA is now consulting on some changes to the handbook that will result from the upheaval. Firms, including independent financial advisers, are currently permitted to use the logo, with many reproducing it on their websites and letters. However, under the new regime, the regulator said it has no intention to introduce a new general licence to permit use of either the FCA or PRA logos. "Using the FSA logo was initi...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation

The MP requested better understanding on what criteria the FCA is considering if these tests have been met and what information is needed for the FCA to adjust its view.

Nick Smith MP writes to FCA: 'Implement redress scheme for steelworkers'

Welsh MP Nick Smith has written to Financial Conduct Authority (FCA) chief executive Nikhil Rathi asking him to implement a consumer redress scheme for steelworkers.

Sophie King
clock 06 August 2021 • 3 min read
FCA wins Court of Appeal case against Avacade

FCA wins Court of Appeal case against Avacade

£91m transferred into SIPPs

Sophie King
clock 04 August 2021 • 2 min read
By making these changes, the FCA added, firms can now access the sandbox testing services at the right point in their development lifecycle.

FCA opens up regulatory sandbox

Can now apply throughout the year

Sophie King
clock 02 August 2021 • 2 min read