Regulation

The Financial Services Compensation Scheme (FSCS) has pledged to continue pursuing advisers it alleges mis-sold Keydata products.

OUTSOURCED

Firms that continue to have issues picked up on by the Financial Services Authority (FSA) are likely to be treated more harshly by the regulator's successor, according to one of its directors.

An amendment to the Financial Services Bill proposed by two Labour peers could open up the possibility of financial advisers not having to be regulated if they do not charge for their services.

The estimated value of the remaining assets within the Arch Cru funds has fallen again, reducing the amount of returns to investors being offered by Capita Financial Managers, the authorised corporate director.

The Financial Services Authority (FSA) has expressed concerns about the use of distribution deals to circumvent rules banning the payment of commission.

Four banking giants including HSBC and scandal-hit Barclays are to provide redress to business clients mis-sold specialist insurance on loans, the Financial Services Authority (FSA) has said.

The Financial Services Authority (FSA) has called on banks and building societies to improve their work to detect and combat investment fraud.

The Financial Services Authority (FSA) has confirmed it is investigating interest rate manipulation by other major high street banks after Barclays' record fine yesterday.

Andrew Tyrie, the chairman of the Treasury Select Committee, has demanded answers from Royal Bank of Scotland (RBS) boss Stephen Hester about the bank's ongoing computer failures.