Regulation

This week the Financial Ombudsman Service has been brought under the scope of the Freedom of Information Act. We asked, what have you always wanted to know about the FOS?

Most consumers believe the FSA failed to stand up to the banks in the run-up to the financial crisis and has not done enough to help consumers, according to a poll by Which?.

The Foreign Account Tax Compliance Act (FATCA) is set to impact advisers with American clients when it comes into force in 2013. David Treitel, tax director at US 
Tax & Financial Services Ltd, explains how best to manage the risks

The Foreign Account Tax Compliance Act (FATCA) is set to impact advisers with American clients when it comes into force in 2013. David Treitel, tax director at US 
Tax & Financial Services Ltd, explains how best to manage the risks

Prime minister David Cameron has appointed a former non-executive board member of the Financial Services Compensation Scheme (FSCS) as a senior adviser on Europe and global issues.

Hector Sants, chief executive of the outgoing Financial Services Authority (FSA) has told MPs the industry holds the "flawed" belief its responsibility to consumers ends with providing product information at the point of sale, a situation the new regulator...

Mass mis-selling on the scale of the payment protection insurance (PPI) debacle will not be possible under the Financial Services Authority's replacement, the man who will head up the body has said.

Hector Sants, chief executive of the Financial Services Authority (FSA), has admitted accountability issues with parliament and apologised for ill-feeling caused by the FSA's refusal to delay the retail distribution review (RDR).

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The new body set up to regulate advisers may lack proper accountability and needs closer scrutiny of its role, according the chair of the Treasury Select Committee (TSC) Andrew Tyrie.