fsa fines former-ubs adviser
The FSA has banned and fined a former client adviser at UBS £150,000 for breaching Principle 1 of its code of conduct and failing to act with integrity.
The FSA has banned and fined a former client adviser at UBS £150,000 for breaching Principle 1 of its code of conduct and failing to act with integrity.
Research from Kneip shows that fund houses have plenty of work to do before their KIIDs documents are fully compliant with what the regulators want to see.
As the FSA publishes its report into the failure of RBS, we ask whether the new incarnation of the regulator planned for 2012 will make a difference to crisis aversion in the future?
FSA approval should be required for all major bank acquisitions and a debate should be held about the potential to allow stronger action from the City watchdog in the future, according to its chairman, Lord Adair Turner.
The FSA has published changes to its regulatory framework for covered bonds, with the aim to increase the transparency of these investments and align the UK regime to those in other countries.
Transact-owner, Integrated Financial Services, has been fined £3.5m for “serious” and long-running breaches relating to client money.
Larger advisory firms are lagging their smaller counterparts in gaining appropriate qualifications in time for the implementation of RDR.
Neil Shillito takes the FSA to task about its description of life settlement plans at ‘toxic’.
The IMA has missed out on a vital opportunity to clarify the risk level of funds by following the ABI managed sector model, according to Mike Webb chief executive of Rathbone Unit Trust Management.
The FSA has fined Julian Harris, owner of a Kent-based IFA business with the same name, for a third time for failing to perform adequate due diligence before appointing advisers.
The IMA has changed its Managed Sector definitions to mirror those recently introduced by the ABI.
George Osborne’s autumn statement was given against a backdrop of lower economic forecasts from the independent Office for Budgetary Responsibility.