Regulation

Andre Tyrie, the MP behind radical banking reforms, has condemned the final version of the plans saying the have been watered down and are now 'virtually useless'.

Investors in the collapsed Arch Cru fund range who sign up to a payment scheme set up by the funds' authorised corporate director, Capita Financial Managers, are in line to receive markedly less than forecast.

The Chancellor George Osborne is to back proposals for harsher punishments for bankers who act recklessly and are considered at least partly responsible for the collapse of financial institutions.

Advisers will be able to receive payments from discretionary fund managers (DFMs) that they referred business to pre-Retail Distribution Review (RDR) but will be banned from receiving such payments for new business, the Financial Conduct Authority (FCA)...

The Financial Conduct Authority (FCA) is set to examine wealth managers' and private banks' business models as it establishes a new division to scrutinise the sector.

European Union lawmakers have narrowly rejected a proposal to cap fund managers' bonuses, a decision which would have blocked payouts from exceeding annual salaries.

The tribunal hearing brought forward by former JP Morgan Cazenove chairman of capital markets Ian Hannam, following his Financial Services Authority (FSA) fine and ruling last year, has begun today.

The former chief executive of collapsed brokerage firm MF Global has been charged with misappropriating about £1bn of client money.

RISK-RATING

The Financial Conduct Authority (FCA)'s consumer panel has today warned that confusion over the purpose of the key information document (KID) could lead to its early demise.