Regulation

Labour MP Michael Meacher has received cross-party support for a Private Member's Bill which would prohibit any financial arrangements principally designed for the purpose of tax avoidance.

The High Court has rejected a bid for a judicial review into the £54m redress scheme brokered by the Financial Services Authority (FSA) offered by Capita and other businesses to Arch Cru investors.

A top official at the Financial Services Authority (FSA) has warned Britain's four largest banks face more questions over their sale of interest rate hedges to small business customers.

The Bank of England has warned hedge fund managers the eurozone crisis could result in a clampdown on their activities.

Money Advice Service (MAS) chairmn Gerard Lemos has defended the organisation against the torrent of criticism it has received, insisting it is "crap".

COVER STORY

The Ministry of Justice is to take action against unscrupulous claims management companies (CMCs) who target IFA firms, following a meeting between the regulator and support service PanaceaIFA.

Lord Turner, the chairman of the Financial Services Authority (FSA), has admitted the £350,000 remuneration package offered to Money Advice Service (MAS) chief executive Tony Hobman was "a bit too high".

An MP has branded the Money Advice Service (MAS) as a 'playground bully' for its disruptive influence on the industry and the delivery of debt advice.

Banks should use the row over the sail of complex financial instruments to small businesses to overhaul their customer relationships and link pay to customer service, according to Hector Sants.