Regulation

Barclays head of compliance Hector Sants is taking a leave of absence due to a diagnosis of stress and exhaustion.

The Financial Conduct Authority (FCA) has confirmed it will publish information about proposed enforcement actions, naming firms and individuals, before deciding whether it will take action.

Changes introduced as a result of the Retail Distribution Review (RDR) are likely to lower retail advisers' share of the investment market, but they do not represent the "death knell" for the sector, according to an investment group.

Hargreaves Lansdown's direct-to-investor proposition Vantage saw a net increase of 20,000 clients in the three months to October, as total assets across the fund seller rose to a record £39bn.

The vast majority of advisers are operating percentage-based charging structures, a poll of more than 1,000 practitioners suggests.

Hargreaves Lansdown is in position to be a £39bn beneficiary of the Retail Distribution Review (RDR), according to Barclays.

In his final speech as deputy governor of the Bank of England Paul Tucker revealed that the resolution regime, which would allow one of the world's largest banks to collapse without being rescued, is now in place.

Last week I found myself up in court, in sunny Nottingham, in front of a severe-looking judge who was donning a black cap and scowling at me. However, I can assure you it was all a bit of fun.

The Association of British Insurers (ABI) is to enhance its guidance on unit-linked funds after a Financial Conduct Authority (FCA) probe uncovered "specific" failures in some insurers' governance of the investments.

The regulator's clamp-down on financial crime will have an effect on advisory firms who are often seen as the gate-keepers to financial services, a consultancy has said.