analysis applause for fca over ucis
The ban on promoting Ucis schemes introduced by the FCA earlier this week has gone by without so much as one man protesting outside the FCA’s headquarters holding a ‘Paint slogan here’ placard.
Fsa
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fsa accused of shoe-horning as 70 question
The latest survey of regulated firms on their opinion of the FSA and the first on expectations of the FCA will not have made fun reading for the new regulator.
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pa analysis fscs costs reyker
If the way investors are being treated in the Reyker Securities/Merchant Capital saga is not bad enough, the way the various parties are communicating with the outside world beggars belief.
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pa analysis fca platform paper wedding night
Just before the end of the 2012/2013 tax year, Her Majesty’s Revenue and Customs confirmed it is to subject any rebates received by investors to income tax. From that point on, the FCA platform paper finally published last Friday (26 April) was an easier one to put together as HMRC trumps FCA in more than…
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govt reshaping banking sector hit by setbacks
The pace of change on the UK high street is such that within hours this morning instead of being owned by another banking group, branches of Lloyds TSB could be made available to Joe Public instead.
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banks top investment complaints
High street banks topped the FCA’s list of complaints data for the second half of 2012, both overall and for investment-related grievances, justifying the regulator's mystery shopping exercise to evaluate their advice processes last year.
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pa analysis ceo fca dg bbc
Yesterday was the first working day in a new job for Tony Hall and Martin Wheatley but which of them has the tougher task, and who is most likely to come through it unscathed?
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Lord Turner joins Soros after FSA split
With the FSA having been officially disbanded, outgoing chairman Lord Turner has been offered an unpaid role with a US think tank led by George Soros.
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IFA fined over Keydata failings
Care Asset Management has been fined £56,000 by the FSA for misadvising customers on the suitability of Keydata products.
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compliance overheads mount under regulation
When it comes to regulation there seems to be a never-ending list of rules to comply with. To keep on top of it is it best to outsource to a specialist or hire someone in-house, and how much priority should you give a non-client facing function?
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recognises possibility of banking failure
The FSA and Bank of England have unveiled new rules relating to banking start-ups which relax some of the sector’s regulatory barriers to entry and are aimed at increasing competition.
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FSA announces tpir for FCA
The FSA has outlined the temporary product intervention rules (TPIRs) that the FCA will use to restrict sales of a product when it identifies there is a significant risk to customers.