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Regulation

Regulation

FCA senior bonuses to be cancelled after insurance investigation

Members of the executive committee at the Financial Conduct Authority (FCA) stand to lose their bonuses over the blunder that caused a collapse in prices of large insurance companies, according to reports.

clock 09 December 2014 •

Regulation

FOS rules out charging complainants

The Financial Ombudsman Service (FOS) has ruled out charging "nominal" fees to complainants, agreeing with Parliament's view the service must be free to ensure the public's confidence in it.

clock 09 December 2014 •

Regulation

Tyrie: The FCA must improve

Treasury Committee chairman Andrew Tyrie has said the Financial Conduct Authority (FCA) must engage more with the regulated community and do more for consumers, as the City watchdog announced sweeping structural and personnel changes following a strategic...

clock 09 December 2014 •

Regulation

FCA confirms Adamson exit amid sweeping structural changes

The Financial Conduct Authority (FCA) has confirmed director of supervision Clive Adamson is leaving the organisation as it makes sweeping structural and personnel changes.

clock 08 December 2014 •

Regulation

FCA's McDermott to replace Adamson as supervision head

FCA director of enforcement Tracey McDermott is to become the regulator's director of supervision in a shake-up of its reporting lines, according to reports.

clock 08 December 2014 •

Regulation

FCA to review fine volume after record-breaking year

The Financial Conduct Authority (FCA) is to review how and how much it fines businesses amid complaints from banks about the rise of high penalties.

clock 08 December 2014 •

Investment

City directors convicted in £23m investment fraud

Three men have been convicted of fraud as part of the Serious Fraud Office's (SFO) investigation into a £23m 'green' energy investment.

clock 07 December 2014 •

RDR

The rules of the game: Clean share class conversions explained

The rules of the game: Clean share class conversions explained

clock 05 December 2014 •

Regulation

IFP eyes return to surplus despite inducements crackdown

The Institute of Financial Planning (IFP) is "on track" to at least break even in 2014 and is hopeful of a small surplus, despite the challenge presented by a regulatory crackdown on inducements.

clock 03 December 2014 •

Regulation

FCA: We want wrongdoers shunned by peers

Regulatory enforcement is not just about increasing the size and frequency of fines, but about the industry forcing better behaviours by shunning wrongdoers, Financial Conduct Authority (FCA) enforcement director Tracey McDermott has said.

clock 02 December 2014 •
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