Latest News
FSA allowing banks to ‘railroad' mortgage advice
Property company claims large lenders are “railroading” over consumer advice to the detriment of customers.
IMA tells MPs not to ‘interfere’ with ratings agencies
Economist agrees with the IMA’s assertion that credit rating agencies have made “responsible and sensible decisions”.
MEP demands better qualified ombudsmen
Outspoken MEP claims the ombudsman’s adjudicators should have “level six qualifications and five years practising experience”.
UBS faces action by UK and Swiss regulators
The FSA has started enforcement proceedings against investment bank UBS in relation to trading losses in the bank’s London operations, the regulator ...
FSCS breaks down a £40m interim levy to hit advisers
Advisers could be hit with an interim levy of £40m to cover investment failures from 2011, the Financial Services Compensation Scheme has announced.
Insurers hit hard by funding increase for fees and levies
The financial services industry has been hit with a £1.2bn bill to fund regulators and other government organisations.
Analysis & Opinion
In Depth: Is Fos going to become a ‘quasi-regulator’?
Negative publicity, vexatious complaints and having the Financial Ombudsman become a ‘quasi-regulator’ top concerns.
Be prepared – what to do if authorities raid your offices
With financial crime under the spotlight, many advisers could end up finding themselves being investigated
Spare a thought for the poor FSCS
The scheme is facing challenges with an increasing amount of compensation and a dwindling source of revenue
Tax rule is back - this time it’s serious
A report has backed the introduction of general anti-avoidance regulation and a government decision is due
Recent Articles
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15:47FSA allowing banks to ‘railroad' mortgage advice
Property company claims large lenders are “railroading” over consumer advice to the detriment of customers.
-
13:12IMA tells MPs not to ‘interfere’ with ratings agencies
Economist agrees with the IMA’s assertion that credit rating agencies have made “responsible and sensible decisions”.
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Feb 09, 2012MEP demands better qualified ombudsmen
Outspoken MEP claims the ombudsman’s adjudicators should have “level six qualifications and five years practising experience”.
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Feb 09, 2012
UBS faces action by UK and Swiss regulators
The FSA has started enforcement proceedings against investment bank UBS in relation to trading losses in the bank’s London operations, the regulator ...
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From Regulation| Feb 09, 2012NIESR urges gov’t to crack down on shadow banking
The National Institute of Economic and Social Research has called on the government to address the issue of shadow banking as part of its approach to ...
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From Regulation| Feb 09, 2012FSCS breaks down a £40m interim levy to hit advisers
Advisers could be hit with an interim levy of £40m to cover investment failures from 2011, the Financial Services Compensation Scheme has announced.
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Feb 09, 2012
Insurers hit hard by funding increase for fees and levies
The financial services industry has been hit with a £1.2bn bill to fund regulators and other government organisations.
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Feb 09, 2012
Sants did hatchet job on FSA predecessor: MP
Mark Garnier MP has described how he was “stunned” at the way FSA boss Hector Sants blamed his predecessors for the regulator’s failings when he gave ...
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From Regulation| Feb 09, 2012Thesis joins campaign for finance education
Investment firm Thesis Asset Management has added its voice to calls for financial education in schools, warning that the lack of awareness was ...
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Feb 09, 2012
IFAs receive ‘glowing report’ in FSA research
The majority of consumers who use an IFA have been happy with the advice they have received, research by the FSA has revealed.