Dear CEO: Financial Promotions
FCA has issued a ‘Dear CEO Letter’ to all firms relating to the statements made about the regulatory status of their activities. In some cases firms have suggested incorrectly that non-regulated activities are regulated and with scope of FCA.
This is particularly relevant to motor finance firms where regulated services, such as leasing, are advertised together with non-regulated services, such as fleet management. Where firms are promoting regulated and non regulated services together they need to be clear in the wording that the activities are different.
You can find a copy of the letter from the link on the following page of the FCA website https://www.fca.org.uk/news/news-stories/dear-ceo-letter-financial-promotions