On 9 July 2021, the UK Financial Conduct Authority published financial promotion case studies (which were updated in October 2021). The FCA said it recognised “the need to provide information for firms to understand the financial promotions rules that apply to particular products and services“.
It has therefore published two short video case studies:
– the first is a case study for a hire purchase agreement which includes common mistakes the FCA often sees firms making; and
– the second is a case study for claims management companies offering their services for financial service products which includes common mistakes the FCA often sees firms making.