While some sections of the Eurosceptics are pushing to loosen lending rules, KPMG expects that Britain’s FCA and the Prudential Regulation Authority at the Bank of England will in fact tighten and enhance rules governing finance. In a report released… Read More ›
Backers of Brexit want new financial rules to be not overly burdensome. The FCA and its sister concern the Prudential Regulation Authority at the Bank of England clearly have their task cut out. According to a top UK regulator, investors… Read More ›
The investigation into the Scottish Widows was brought to an end due to “insufficient basis for taking any enforcement action”. On Tuesday, Britain’s Financial Conduct Authority (FCA), its financial markets regulator, disclosed it has closed its investigation into Scottish Widows… Read More ›
Under new guidelines, the UK’s asset managers will have to annually report an assessment of the value of their services they provide to clients, such that clients can have a firmer grip on the fund’s objectives and better undertsand its… Read More ›
Fiat Chrysler is set to announce its intention vis-a-vis its diesel passenger vehicles on June 1, 2018. On Monday, the Financial Times reported, citing sources familiar with the carmaker’s strategy, Fiat Chrysler plans on eliminating diesel from all its passenger… Read More ›
The U.S. auto industry has gone at great lengths to to convince the Trump administration of the importance of NAFTA for the industry. In fact, in October 2017 major auto dealers, automakers and suppliers had launched a coalition to back… Read More ›
While FCA plans on boosting the output of its Mexican plant in 2018 & 2019, in 2020 having shifted the production of its Ram heavy duty pickup trucks, it plans on reconditioning the plant to produce a yet to be… Read More ›
Joining the alliance is a strategic move since it will give FCA a leg up in sharing the enormous cost burden of autonomous self-driving vehicle technology. Fiat Chrysler has become the latest carmaker to join the self-driving alliance led by… Read More ›
Lawsuits, in the pipeline, will come into play depending on the outcome of ongoing negotiations between the DoJ and FCA. Two sources familiar with the matter at hand have revealed that the U.S. Justice Department plans on filing a civil… Read More ›
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