The Financial Services Authority (FSA) is proposing to change the way it shares surplus proceeds from enforcement fines so innocent firms in heavily-levied fee blocks reap more.
The FSA is proposing to change the way it calculates regulatory fees to replace the existing headcount of approved persons with an income measure from 2013/14.
Capita Financial Managers has today sent a further letter to investors who lost money in the Arch Cru fund range to set out their individual entitlements under a £54m payment scheme.
The City of London is "under constant attack" from European Union regulations, David Cameron has said. Read more on this and the other top headlines in our round-up of the nationals.
Structured product provider NDFA was advised that both the courts and the Financial Services Authority would likely hold it liable for investors' losses due to "negligence and misrepresentation" in the marketing of its Lehman-backed plans, just weeks...
The UK regulator has vowed to fight on for a full commission ban, but Europe is drafting rules based on the preferences of most member states..
Disillusioned with trade and professional bodies, advisers are rediscovering the power of the strongly-worded letter...
Thousands of Arch Cru investors have written to their MPs today accusing Capita of intentionally violating the Financial Services Authority's treating customers fairly (TCF) charter.
Eurozone leaders' struggle to stabalise the economic area by demanding tighter fiscal reforms is driving the governments of weak member states ot the brink. This and other news in our round-up of this morning's nationals.
High street banks are in the sights of the FSA over concerns fee-based current accounts costing up to £300 a year are being mis-sold to millions of customers.