There are grounds for a UK-led prosecution

FTAdviser latest:Madoff could be prosecuted in UK

Story by: Sharon Flaherty, FTAdviser

There could be plenty of grounds on which UK prosecutions related to the recent Bernard Madoff scandal can be made, a business risk consultancy specialist warned.

  • Time published: 14:49
  • Date published: 09.01.2009
  • Published in: Investments

FSA clarifies disclosure requirements for directors

The Financial Services Authority (FSA) has clarified its disclosure requirements for directors who grant security over their shareholdings, deciding that it will not pursue any enforcement action in certain cases.

  • Date published: 09.01.2009

FSA clarifies disclosure requirements for directors

The Financial Services Authority (FSA) has clarified its disclosure requirements for directors who grant security over their shareholdings, deciding that it will not pursue any enforcement action in certain cases.

  • Date published: 09.01.2009

Firms must tailor offering to consumer needs, urges Skandia

Companies must ensure their investment solutions match customer goals and provide the necessary flexibility to be tailored to their individual needs, according to Skandia.

  • Date published: 09.01.2009

Interest rate cut met with woe

The Monetary Policy Committee (MPC) decision to cut interest rates by a further 0.5 per cent today (8 January) has been met with concern as industry members remain doubtful that it will positively impact the economy.

  • Date published: 08.01.2009

Serious Fraud Office investigates Madoff's UK operations

The Serious Fraud Office (SFO) is opening an investigation into Bernard Madoff's UK business operations.

  • Date published: 08.01.2009

BoE cuts base rate to record low of 1.5 per cent

The Bank of England's Monetary Policy Committee (MPC) has voted to reduce the base rate by 0.5 percentage points to 1.5 per cent, its lowest level on record.

  • Date published: 08.01.2009

FSA fines Aon £5.25m for corruption control failings

The Financial Services Authority (FSA) has dished out one of its biggest ever fines of £5.25m to Aon Limited, for failing to establish and maintain effective systems and controls to counter the risks of bribery and corruption

  • Date published: 08.01.2009

Interest rates could reach lowest ever level

The Bank of England is expected to cut interest rates later today (8 January), to their lowest ever level.

  • Date published: 08.01.2009

Insurers ask for clarification over DWP proposals

Further consultation by the Department of Work and Pensions (DWP) must eradicate any ambiguity for employers about age discrimination and flexible retirement, according to Standard Life and Aegon.

  • Date published: 08.01.2009

Comments

Relationship between regulators and those they oversee

Why do governments appoint regulators to oversee the safe care of other people’s money? I don’t mean why do they do it. I mean, why do they bother?

  • Time published: 14:19
  • Date published: 09.01.2009

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Comments

The politicisation of the BoE

For many, the constant dilemma over where interest rates will go has largely become academic.

  • Time published: 12:44
  • Date published: 08.01.2009

Features

When opportunity comes knocking

As depression sets in and the number of asset classes shrink, investors will flee to quality advice

  • Time published: 00:01
  • Date published: 08.01.2009

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