Regulation

The Financial Conduct Authority (FCA) has extended to January its support for a 'negotiated settlement' for investors in the failed Connaught Series 1 fund.

Yorkshire Bank has been accused of failing to help investors who lost money in failed property firm Arck, despite setting up a dedicated "support scheme" brokered by the Financial Conduct Authority (FCA), prompting a lawyer to raise the issue with MPs....

A network is planning to test its independent advisers' knowledge on unregulated collective investment schemes (UCIS), and if they fail, will ask them to become restricted.

Past and present appointed representatives (ARs) of Sesame have expressed their anger at being told advice previously passed by the network as suitable has now been deemed wrong in a widespread review following a £6m fine from the regulator.

Barclays has reported a 15% rise in Q3 profit but also set aside £500m for potential fines relating to manipulation of foreign exchange markets.

The Serious Fraud Office (SFO) is to launch a criminal inquiry into Tesco after its accounting failure led the firm to overstate profits by £263m, according to reports.

The Serious Fraud Office (SFO) has begun criminal proceedings against broker Noel Cryan in connection with the manipulation of the London inter-bank offered rate (LIBOR).

The Financial Conduct Authority (FCA) is proposing to limit the distribution of mutual society shares to 'sophisticated' or high net worth investors, unless specific requirements have been met.

A former Positive Solutions adviser has been ordered to repay £55,000 to the clients she stole from.

A group of investors in troubled overseas property scheme Harlequin have dropped a case against the scheme's chairman David Ames, and his company director wife Carol, that alleged the pair made false claims about the investment.