Martin Lewis, the man behind Money Saving Expert, has launched a blistering attack on the Money Advice Service (MAS), describing it as a 'narcissistic brand-building exercise'.
A Conservative peer has drawn parallels between the collapse of Arch Cru and the Bernie Madoff scandal, stressing the need for the regulator to do more to protect consumers.
A single regulator responsible for the oversight of banks across all 27 European Union countries could come into place as early as January 2013, according to reports.
The government has launched draft legislation and a formal consultation on a new general anti-abuse rule (GAAR) that aims to tackle artificial and abusive tax avoidance schemes.
The Financial Services Authority (FSA) has fined investment firm Accendo Markets £56,000 after it failed to ensure its customers were suitable for high-risk products.
The Financial Services Bill has been branded a 'dog's breakfast' by a prominent Labour peer and criticised for being put together too quickly.
The Financial Services Consumer Panel (FSCP) has told peers they should amend legislation to make it possible to publish warning notices against firms and individuals without consulting them.
The government has appointed John Griffith-Jones, the chairman of KPMG, as the non-executive chair designate of the Financial Conduct Authority (FCA).
MPs on the Treasury Select Committee (TSC) have once again called for upcoming legislation to give them the power to hold pre-appointment hearings for the chief executive of the Financial Conduct Authority (FCA).
Members of the Treasury Select Committee have published a special report into the government's "defective" banking reforms, according to reports.