FCA Launches Updated Financial Services Register

Law360, London (July 27, 2020, 5:48 PM BST) -- The City watchdog said on Monday that it has launched a redesign of its program to help consumers get better at navigating financial services companies and protect themselves from scams.

The Financial Conduct Authority said it has revamped its financial services register — a program that allows potential shoppers to see a full list of the finance companies that have the watchdog's tick of approval.

"The financial services register is an important tool for both the consumers and firms who use it," Jonathan Davidson, the FCA's executive director of supervision, retail and authorizations, said. "These changes will make it easier for users...

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