Regulation

Fund groups found to have used commissions to pay for access to corporate executives will not face financial penalties, the FCA has said.

Some asset management and platform firms are displaying "common weaknesses" in their defences against money laundering, bribery and corruption, the Financial Conduct Authority (FCA) has said.

The Financial Conduct Authority (FCA) has committed to cutting fund authorisation times for UCITS and other fund structures by April 2014.

The Financial Conduct Authority (FCA) is writing to clients of advisers who reported a below average opt-in rate for its Arch Cru redress scheme - to ask if they believe they had been properly informed.

RE-REG

The Financial Services Compensation Scheme (FSCS) has said it expects to raise a supplementary levy on investment advisers before the end of the current levy year, to make up for losses incurred by the failings of ARM bonds and their distributor Catalyst....

A former adviser and his business partner were found guilty of six charges in relation to giving unauthorised advice and concealing facts by a court on Thursday.

The Financial Services Compensation Scheme (FSCS) has paid out £5,696,776 in claims related to failed contracts for difference (CfD) trader Direct Sharedeal - with liabilities falling on investment advisers.

The Financial Services Compensation Scheme (FSCS) is expecting to make further payments to Keydata investors from Lifemark recoveries after reviewing the case.

The Financial Conduct Authority (FCA) is not prescriptive about how firms deliver their services because it knows advice can be given in an "infinite variety of ways" - but it has communicated four steps firms should follow to satisfy its requirements....