Regulation

ARMCHAIR CRITIC

With the Financial Conduct Authority's (FCA's) long-awaited announcement on how platforms will be paid for, and whether rebates can be paid to consumers, a line has finally been drawn.

The Financial Conduct Authority (FCA) has fined J.P. Morgan International Bank (JPMIB) £3,076,200 for systems and controls failings relating to its provision of retail investment advice and portfolio investment services.

GOBBLEDYGOOK

The Financial Services Compensation Scheme (FSCS) has compensated 530 members of the Millom and District Credit Union following its collapse last week.

The Financial Services Compensation Scheme (FSCS) has detailed how it plans to distribute recoveries it anticipates to receive from Lifemark SA, a bond provider whose products were marketed in the UK by collapsed firm Keydata, with investment advisers...

A failure by HM Revenue & Customs (HMRC) to reduce errors and fraud in the tax credit system has "cost the taxpayer dear", a group of MPs said, after the tax authority admitted it would miss its target by £5bn.

The Financial Services Complaints Commissioner has dismissed a complaint by a group of London traders against the Financial Services Authority (FSA) for its handling of alleged market abuse on a number of exchanges dating as far back as 2007.

IFAs in Scotland could see regulatory costs rise, and have to deal with an inefficient compensation scheme, should the nation's electorate vote 'yes' to independence from the UK, a government report warned.

The Money Advice Service (MAS) is calling on stakeholders in the financial services industry to share their knowledge of what works for consumers as part of a wider project designed to improve the overall financial wellbeing of Britons.