Regulation

The Financial Conduct Authority (FCA) has launched a consultation on proposed changes to the rules governing the use of dealing commission by fund managers, in particular how they pay for access to company CEOs.

Seven of the UK's largest asset managers are teaming up to gather information on end investors' needs in a move which could trigger changes to their fund ranges.

Evidence of Royal Bank of Scotland's (RBS') treatment of small businesses has been passed to financial regulators by business secretary Vince Cable, according to reports.

St James's Place has paid out £1.25m in compensation and redress to clients after uncovering evidence of serious misconduct by former partner Christopher Bladen.

Paul Flowers, the former chairman of the Co-op Bank filmed apparently paying for drugs, has been arrested in connection with a "drugs supply investigation", according to reports.

The Financial Conduct Authority (FCA) is reviewing gold benchmarks as part of a probe into how global rates are set, according to reports.

US investment banking giant J.P. Morgan Chase has agreed a mammoth $13bn (£8bn) settlement in relation to sales of residential mortgage-backed securities which contributed to the financial crisis.

The home of former chairman of Co-op Bank, Paul Flowers, has been searched for drugs by West Yorkshire Police.

The advice community is likely to be billed a £30m interim levy early next year, mainly covering the cost of the Catalyst Investment group failure, which was declared in default in October.

The number of calls to the Financial Conduct Authority's (FCA) ‘whistleblower hotline' to report suspected malpractice in the financial services industry has jumped 23% in the last year, according to figures obtained by law firm RPC.