Regulation

Scammers have cloned a German wealth management firm which aims to lure in UK investors using a fictitious office in London's City, the Financial Conduct Authority (FCA) has warned.

Scammers have cloned advice firm Chelsea Financial Services and are operating under the name Chelsea Financial, the Financial Conduct Authority (FCA) has warned.

The Financial Conduct Authority (FCA) has warned a scammer is operating practically on its doorstep under the name Brookes and Hargreaves.

The Financial Conduct Authority (FCA) and City of London Police have arrested three people in connection with a fresh boiler room investigation.

Peter Craddock, a director at the Association of Professional Financial Advisers (APFA), is among three new names on a Financial Conduct Authority (FCA) committee responsible for approving applications and issuing warning notices.

The Association of Investment Companies (AIC) is putting together a list of shares and securities independent advisers can continue to recommend after restrictions on their use of higher-risk unregulated investments come into force next year.

Three former Rabobank traders have been charged in the US with manipulating the yen LIBOR benchmark interest rate since 2006.

The Financial Conduct Authority (FCA) has warned investors of a new boiler room scam operating under the same name as authorised firm LBV Asset Management.

The Bank of England's Monetary Policy Committee has left interest rates unchanged again at 0.5%.

Regulators are considering compiling a list of the largest asset managers worldwide which could threaten the global financial system in the event of their collapse.