Regulation

GOSLING'S GROUSE

Jupiter chief executive Edward Bonham Carter has criticised EU proposals to cap fund manager bonuses, saying the moves could jeopardise industry stability.

Regulators have fined companies and top bosses about £1bn for fraudulent activities since 2007, a report due out today has found.

The chief executive of the incoming Financial Conduct Authority (FCA) has said the body will be "much broader" in its approach to identifying mis-selling and other problems - including monitoring Twitter.

The Financial Services Authority (FSA) has finalised new rules and regulations for financial benchmarks as it attempts to "bring integrity" back to the London Interbank Offered Rate.

The Financial Services Authority (FSA) is planning to up its focus on advisers and wealth managers placing large amounts of client money in a single fund, amid fears some firms are not carrying out sufficient due diligence.

OBJECTION!

The Financial Services Authority (FSA) has confirmed its approach to temporary product intervention and said the incoming Financial Conduct Authority (FCA) "will not hesitate" to use its powers.

The new-look regulator is to carry out a review of the charges on UK retail funds as it is concerned they may be detrimental to consumers.

Martin Wheatley, the managing director of the Financial Services Authority (FSA) and chief executive designate of the incoming Financial Conduct Authority (FCA), has outlined his plans to restore consumer trust in financial services.