Regulation

An insurance broker has had her permissions to carry out regulated activities cancelled by the Financial Services Authority (FSA) on suspicions that her firm is being controlled or managed by others.

The Solicitors Regulation Authority (SRA) will have 'no choice' but to soften its guidelines for referrals to intermediaries, according to Ian Muirhead managing director of SIFA.

The chairman of the Financial Services Authority (FSA) has defended the current system of regulatory fees and levies for small firms, arguing they are proportionate to the size of the firm.

HONISTER

Barclays' submission of a memo to the Treasury Select Committee has revealed how Bank of England (BoE) officials advised the bank on LIBOR.

The Financial Services Authority (FSA) remains confident there will be a viable simplified advice market post-retail distribution review (RDR) implementation and has said it is already seeing well developed plans.

Independent network Sense has become the first network to negotiate a deal with SIFA Professional.

Tony Hobman has resigned from his position as chief executive of the Money Advice Service (MAS).

DIAMOND

The Financial Services Authority (FSA) has said that advisers with Honister Group, which today entered administration, may have to wait a "number of months" before they can be re-authorised.