The FSA is looking to hire an extra 450 staff to crackdown on insider dealing, Hector Sants has revealed.
The FSA will attempt to ‘choke off' consumer detriment before it occurs through its product regulation plans, Hector Sants says.
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.
A platform pricing regime based solely on unbundled charges will be detrimental to consumers and remove choice, warns Cofunds.
Seven people have been charged with conspiring to defraud investors through a series of alleged boiler room share scams.
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.
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.
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.
Two men have been charged with defrauding Allied Irish Banks and Bank of Scotland (BoS).
FSA fines "could treble" under the regulator's new income-linked framework for penalty setting.