Regulation

The Financial Conduct Authority (FCA) has fined and banned two former directors of Pritchard Stockbrokers for recklessly failing to protect client money.

Two directors of HSBC's UK arm are poised to quit in protest at new Bank of England rules that pave the way for lengthy jail sentences to be imposed on senior managers of failed lenders, according to reports.

The Association of Professional Financial Advisers (APFA) has pressed for a "proportionate response" to finalising the details of the European Markets in Financial Instruments Directive II (MiFID II) to allow advisers to carry out cross-border advice...

Asset managers have revealed the hard limits they are imposing on entertainment budgets ahead of a potential FCA ban on corporate hospitality

A retiree who asked his adviser to review a recommendation to invest in Arch cru under a consumer redress scheme set up by the financial regulator has won compensation after taking his case to the Ombudsman (FOS).

Technical specialist at the Financial Conduct Authority (FCA) Rory Percival said he is "annoyed" by firms who are "looking to keep the regulator happy", as he admits the watchdog has a better job to do to dispel myths around its expectations.

The Channel Island Stock Exchange (CISX) has been fined £190,000 by its regulator for being "seriously at fault" in relation to possible "irregular trading" of the Arch Cru funds.

Ian Cooke, chief executive of network Best Practice IFA Group, has called on regulation to force asset managers to disclose their entire charges transparently.

An accountant has been sentenced to six years in prison after he was found guilty of running a £2.3m ‘Ponzi' scheme.

A financial adviser has been charged with 12 counts of fraud amounting to more than £1m.