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Regulation

Regulation

FSA to hire 450 staff for market abuse crackdown

The FSA is looking to hire an extra 450 staff to crackdown on insider dealing, Hector Sants has revealed.

clock 15 March 2010 •

Regulation

Early intervention will 'choke off' consumer detriment - Sants

The FSA will attempt to ‘choke off' consumer detriment before it occurs through its product regulation plans, Hector Sants says.

clock 12 March 2010 •

Regulation

FSA extends PPI consultation in further delay for consumers

The FSA will extend its consultation on planned Payment Protection Insurance (PPI) market reforms by six weeks, further delaying fair treatment for customers says an independent consumer panel.

clock 09 March 2010 •

RDR

Limiting charging to 'unbundled' will confuse - Cofunds

A platform pricing regime based solely on unbundled charges will be detrimental to consumers and remove choice, warns Cofunds.

clock 09 March 2010 •

Regulation

UK boiler room gang charged over $100m scam.

Seven people have been charged with conspiring to defraud investors through a series of alleged boiler room share scams.

clock 05 March 2010 •

RDR

FSA recognition of trade bodies could raise fees - threesixty

FSA plans in the RDR to recognise trade bodies only if they meet a strict set of criteria will likely result in higher fees and lower membership, threesixty warns.

clock 05 March 2010 •

Regulation

FSA fines network director £49,000 for pension switch failings

The FSA has fined the director of a Gloucestershire-based IFA network £49,000 for putting customers at risk of poor pension switching advice during the business's rapid expansion.

clock 03 March 2010 •

RDR

"Solicitors' RDR" could boost adviser business

Solicitors will have to battle it out with banks, supermarkets and insurance companies for legal business from Q4 next year, leading some to suggest they will be more eager to link up with financial advice firms.

clock 01 March 2010 •

Regulation

Two charged over Allied Irish and BoS fraud

Two men have been charged with defrauding Allied Irish Banks and Bank of Scotland (BoS).

clock 01 March 2010 •

Regulation

FSA fines "could treble" under new framework

FSA fines "could treble" under the regulator's new income-linked framework for penalty setting.

clock 01 March 2010 •
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