Retail access to crypto ETFs to face Consumer Duty hurdles even if ‘unlikely’ UK approval granted
The Securities and Exchange Commission approved the applications of several spot bitcoin ETFs last week, a move long-awaited by the...
archiveAJ Bell
More homeowners falling into mortgage arrears
UK households struggled to keep up with their mortgage payments in the last half of 2023, new figures show. The Household Finance Review, published this week, showed there was a 24 per cent rise in the number of homeowners in mortgage arrears in the third quarter of 2023 compared to a year earlier. The report from UK Finance said arrears numbers first showed a “marginal increase” in the final quarter of 2022 and since then there has been further and more material increases in borrowers behind on their payments. It is expecting this...
Liquidity risk: FCA warns of ‘regulatory intervention’ if funds do not get it right – Investment
The FCA said a review of asset managers' liquidity management had found that firms needed to increase their focus on...
