Consumers Behind Half Of Financial Ad Complaints To FCA

Law360, London (April 7, 2021, 2:34 PM BST) -- Retail consumers submitted almost half the complaints about financial promotions received by the Financial Conduct Authority in the first three months of the year, according to new data from the regulator.

The City watchdog said on Tuesday that it looked into 441 promotions in the first quarter of 2021, which included adverts that were identified from complaints it received as well as from its own checks on whether such promotions complied with its rules.

The regulator, which expects promotions to meet the legal requirements to be clear, fair and not misleading, said almost half, 45%, of reports came from consumers. More than...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!