Regulation

The FSA has introduced a general disclosure regime for long contracts for difference (CfDs) positions in response to concerns over voting rights and corporate influence.

Just 13pc of assessed firms met the FSA's March deadline for TCF, the regulator revealed today in its latest update.

The FSA has only an ‘acceptable' score in the areas of mortgage regulation and regulation of small firms for the last financial year, according to the Financial Services Consumer Panel (FSCP) Annual Report .

The Financial Services Consumer Panel (FSCP) has called for the FSA to ensure that its TCF proposals are beneficial to consumers.

The FSA has launched comparison tables for payment protection insurance (PPI) on its consumer website.

Stockbroker Merchant Securities Group has been fined £77,000 by the FSA for not adequately protecting its customers from the risk of identity fraud.

The FSA has introduced a disclosure regime for significant short positions in companies undertaking rights issues, reacting to increased potential for market abuse.

Advisers have reacted angrily to emerging deadlines for the FSA's Retail Distribution Review, which they say leave them in limbo when trying to plan their business strategies.

The FSA has issued a reminder to firms that fair contract terms are key to the fair treatment of clients, following its own review which found a significant number of contracts posed problems.

The FSA has today launched a new website billed as a "one-stop-money-information shop" for young adults.