Regulation

A STRETCH

The Serious Fraud Office is facing a £200m lawsuit and accusations of misfeasance in public office in a record damages claim filed by entrepreneur Vincent Tchenguiz.

The Financial Services Compensation Scheme (FSCS) could receive an upper limit of 66,700 new claims in 2013/14.

RBS has been fined a collective £391m for its role in the LIBOR scandal, with the FSA's investigation finding over 200 "inappropriate" rate submissions.

Legacy trail commission may create a "moral hazard" in which advisers encourage investors to stay in investments longer than they should, analysts at Barclays have warned.

The Financial Services Authority (FSA) is looking to hire behavioural psychologists to help it understand consumer and firm behaviour.

The Financial Services Authority (FSA) will conduct a review into the £800bn unit-linked fund sector.

Thousands of advisers have yet to obtain their mandatory statement of professional standing (SPS), according to figures from accredited bodies.

Rebus Investment Solutions, a company which helps investors recoup losses from complex investments which they argue they have been mis-sold, has secured £750,000 of compensation on behalf of five clients invested in a carbon credit scheme.

The Financial Services Authority (FSA) has confirmed that Barclays, HSBC, Lloyds and RBS will start the full review of their sales of interest rate hedging products (IRHPs) to small businesses after a series of failings were uncovered.