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Industry

Regulation

FOS rules out charging complainants

The Financial Ombudsman Service (FOS) has ruled out charging "nominal" fees to complainants, agreeing with Parliament's view the service must be free to ensure the public's confidence in it.

clock 09 December 2014 •

Regulation

Tyrie: The FCA must improve

Treasury Committee chairman Andrew Tyrie has said the Financial Conduct Authority (FCA) must engage more with the regulated community and do more for consumers, as the City watchdog announced sweeping structural and personnel changes following a strategic...

clock 09 December 2014 •

Tax Planning

AS14: Osborne bins 'single slab' stamp duty; unveils marginal tiers

The government is to do away with the existing 'single slab' approach to stamp duty on residential property purchases, introducing a new tiered charge from 4 December.

clock 03 December 2014 •

Mortgages

Adviser and family of five escape jail for £1.5m mortgage fraud

A family of five, their mortgage adviser and a solicitor have narrowly escaped jail after being found guilty of masterminding a £1.5m mortgage fraud.

clock 20 November 2014 •

Regulation

FCA considers removing same-day complaints rule

The Financial Conduct Authority (FCA) is considering a number of recommendations on how financial services firms can improve the way they handle complaints, including removing a rule stating that not all gripes must be reported to it.

clock 17 November 2014 •

Regulation

The FCA is a child of crisis, says chairman

The Financial Conduct Authority (FCA) was born in the aftermath of a crisis, so that is all it knows, but it has laid the groundwork for making markets work well again, its chairman John-Griffith Jones is expected to say in a speech on Thursday.

clock 13 November 2014 •

Regulation

Adviser loses appeal against prison sentence

A former mortgage adviser jailed for a £478k fraud - which included conning members of his own family - has lost an appeal against his prison sentence.

clock 03 November 2014 •

Regulation

Yorkshire BS fined £4m for mistreatment of customers in arrears

The Financial Conduct Authority (FCA) has fined Yorkshire Building Society £4.1m for failings when dealing with its mortgage customers experiencing payment difficulties.

clock 29 October 2014 •

Regulation

FOS finds against equity release adviser

The Financial Ombudsman Service (FOS) has ordered an equity release provider to repay a client the cost of a lifetime mortgage after it found the client had received bad advice.

clock 21 October 2014 •

Regulation

FCA bans adviser over fake mortgage applications

The Financial Conduct Authority (FCA) has banned an investment and mortgage adviser for submitting fake and misleading mortgage applications.

clock 24 September 2014 •
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