Regulation

RDR

FSCS FUNDING

CRITICS

The regulator has set out the circumstances under which the new Financial Conduct Authority (FCA) will exercise its temporary product intervention powers.

The Complaints Commissioner has rejected a complaint from a consumer that the Financial Services Authority (FSA) failed to adequately monitor his financial adviser, who he claimed had given him unsuitable advice.

GOODBYE FSA

Peter Smith, head of investment policy at the Financial Services Authority (FSA), is leaving the regulator.

The Financial Services Authority (FSA) has fined wholesale insurer Mitsui Sumitomo Insurance Company (Europe) £3.3m for serious corporate governance failings.

The Financial Services Authority (FSA) has told banks the new regulatory system will push them to weed out potentially harmful products and demand they pay particular attention to treating customers fairly.

A chartered financial planner claims to have found evidence of attempts to maximise commission by both bank advisers and IFAs ahead of the RDR.