Regulation

Lord Turner, the chairman of the Financial Services Authority (FSA), has admitted the £350,000 remuneration package offered to Money Advice Service (MAS) chief executive Tony Hobman was "a bit too high".

An MP has branded the Money Advice Service (MAS) as a 'playground bully' for its disruptive influence on the industry and the delivery of debt advice.

The Financial Services Authority (FSA) has admitted it had concerns about the way in which the industry was being asked to fund the Money Advice Service (MAS), although is hand was forced by the Treasury.

Three people have been handed custodial sentences after pleading guilty to charges of insider dealing.

The executive team at the Financial Services Authority (FSA) shared out more than £300,000 in bonuses in the 15 months to the end of March, although chief executive Hector Sants handed his to charity.

Hector Sants has warned London's position as a global financial Centre is under threat due to the UK financial sector not rethinking its business models quickly enough in the face of political upheaval and regulatory change.

The Financial Services Authority (FSA) has expressed concerns about provider preparedness for changes set to be introduced following the Retail Distribution Review (RDR).

The government has confirmed its plans to force banks to ring-fence their retail operations, as well as other measures recommended by the Independent Commission on Banking (ICB).

The Financial Services Authority (FSA) has expressed its frustration at the slow pace at which changes to the regulatory structure are taking place.

Tax avoidance campaigners have been granted permission by the High Court to challenge a deal between HM Revenue & Customs (HMRC) and investment bank Goldman Sachs.