Regulation

Lessons from Lehmans

A mortgage adviser has been banned from conducting regulated activities after he failed to hand over copies of client files ahead of an FSA review.

The Financial Services Authority is hiring a new chairman of the Financial Services Compensation Scheme - on a yearly salary of £75,000 for two days work a week.

Seven men are facing jail after being convicted for their roles in an £8m boiler-room fraud pushing a bio-diesel investment.

The Financial Services Authority (FSA) has issued a warning to investors about a business trading under the name of a former appointed representative of network Sesame.

Banks led markets sharply lower in early trading after a long-awaited report from Sir John Vickers and the Independent Commission on Banking proposed a radical shake-up of the sector.

The Financial Ombudsman Service (FOS) this week published its latest complaints data for individual financial businesses. Here are some of the stand-out stats...

The retail sector is bearing the brunt of FSA fines in an indication it is being targeted by a retail-focused regulator, said compliance firm Wolters Kluwer Financial Services.

The Lloyds group of companies, including Bank of Scotland and Lloyds TSB Bank, received more than 200 complaints per day in the first half of 2011, according to data published by the Financial Ombudsman Service (FOS).

Fund groups have applauded Morningstar's move to scrap its absolute return sector in favour of 18 different alternative investment categories, calling on the IMA to consider a similar move.