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Regulation

Regulation

FSA fines fifth mortgage lender and forces £2.35m customer redress

The FSA has fined Essex-based mortgage lender Swift 1st Ltd £630,000 for unfair treatment of some customers facing mortgage arrears.

clock 08 September 2011 •

Regulation

FOS complaints...condensed (guess the percentage against advisers)

The Financial Ombudsman Service (FOS) this week published its latest complaints data for individual financial businesses. Here are some of the stand-out stats...

clock 07 September 2011 •

Regulation

UK banks face US lawsuit over toxic mortgage debt

RBS, HSBC and Barclays ignored warnings from third party advisers before selling on billions of dollars of toxic mortgage debt to Fannie Mae and Freddie Mac in the lead-up to the financial crisis, court papers have alleged.

clock 05 September 2011 •

Regulation

Cable: Banking reforms will go ahead

Business Secretary Vince Cable has said banking reforms will go ahead despite a row over the speed of the changes.

clock 31 August 2011 •

Regulation

Jailed mortgage broker banned by FSA

A mortgage adviser has been banned after being convicted of 13 counts of financial crime, the FSA said today.

clock 24 August 2011 •

Regulation

Osborne and Cable clash over bank reform

George Osborne and Vince Cable are set to go head to head over the Vickers' report into banking reform, as they debate the timetable for ringfencing retail banking operations.

clock 15 August 2011 •

Regulation

Regulation provides 'major barrier' to insurance sales - BSA

The Building Societies Association (BSA) believes regulatory intervention has provided a major barrier to insurance purchases and that the FSA's approach is "pretty flawed".

clock 29 July 2011 •

Regulation

Mortgage broker ordered to repay £240k from £2.2m fraud

A mortgage broker convicted of making almost £1m from a £2.24m fraud has been ordered to pay back £240,000.

clock 07 July 2011 •

Regulation

Broker's £1.7m libel case against FSA thrown out

A mortgage broker who tried to sue the Financial Services Authority (FSA) for £1.67m has had his libel case thrown out by the High Court.

clock 05 July 2011 •

Regulation

Former mortgage broker to fight FSA alone

A former mortgage broker is taking on the FSA without any legal representation as part of a £1.67m libel claim.

clock 21 February 2011 •
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