Could reduce annual losses by up to £451m
Considering measures to protect retail investors
The Financial Conduct Authority (FCA) has fined Deutsche Bank £4.7m for incorrectly reporting financial transactions for six years between November 2007 and April 2013.
The Financial Services Compensation Scheme (FSCS) has paid out £5,696,776 in claims related to failed contracts for difference (CfD) trader Direct Sharedeal - with liabilities falling on investment advisers.
The Financial Services Compensation Scheme (FSCS) has begun paying out the claims of investors who put money into contracts for difference (CfD) with trader Direct Sharedeal.
Three people have been handed custodial sentences after pleading guilty to charges of insider dealing.
Advisers are expected to have to pay part of a FSCS compensation bill for the alleged mismanagement of high risk Contract for Difference (CfD) investments which could total £13m.
Up to 400 former customers of failed derivatives broker Global Trade Europe (GTE) are set for compensation payouts.