Regulation

Sixteen advisory firms have been declared in default in the Financial Services Compensation Scheme's (FSCS) latest round-up of failed financial businesses.

Royal Bank of Scotland's (RBS) defence against a £4bn lawsuit from shareholders contradicts evidence given to MPs by former Financial Services Authority (FSA) boss Hector Sants, it has emerged.

Consumer group Which? is among four organisations awarded ‘super-complainant' status by the government, meaning it has the power to present complaints to the Financial Conduct Authority (FCA), which must respond.

The Financial Services Compensation Scheme (FSCS) has begun contacting clients of failed firm Tailormade, which was a major distributor of troubled overseas property company Harlequin Property.

The Financial Conduct Authority (FCA) has said it recognises it has "much to prove" to the advisory industry, but hopes its actions and approach will show it is different from previous regulators.

The Financial Services Compensation Scheme (FSCS) has paid out £3m in claims related to collapsed advisory firm Bentley-Leek Financial Management (BLFM), which had advised clients to invest in failed overseas property schemes that it was also in charge...

Investors in the failed Arch Cru funds have called for SPL Private Finance to drop its lawsuit against Arch Financial Products and its chief executive Robin Farrell, saying it would "only damage what remains of their investments if unsuccessful".

Ashcourt Rowan has agreed a deal to acquire high net worth investment IFA UK Wealth Management (UKWM), funding the purchase through a share placing.

Four former bosses of collapsed Icelandic bank Kaupthing - including its chief executive and chairman - have been jailed for between three and five years in the heaviest sentences for financial fraud in Iceland's history.

The Financial Conduct Authority (FCA) has fined Christopher Willford, the former finance director at Bradford & Bingley (B&B), £30,000 for failing to provide the board with up-to-date information about B&B's financial position, including profits, mortgage...