enforcement

An IFA has had her permissions to carry on regulated activities cancelled for failing to deal with 12 County Court Judgments (CCJ), totalling £531,224.

Five companies involved in unscrupulous property investment schemes which cost victims over £280,000 have been forced into liquidation following a government investigation.

The FSA has been forced to unconditionally apologise and pay compensation to a complainant after enforcement documents were delivered to her house after 9pm as part of a a case against her husband.

A company director has been fined £25,000 and banned from working in financial services for his part in a £2m insurance fraud scheme.

Mortgage advisers have done little to improve their affordability advice processes since last year, according to a new FSA review.

Struggling homeowners may be at increased risk of home repossession because of the FSA's investigations into loan protection insurance, according to CETA Insurance.

The FSA has fined furniture retailer Land of Leather Limited and its chief executive for failing to ensure that Payment Protection Insurance (PPI) was sold correctly.

The FSA says it will be stamping down on the 'widespread' problem of mortgage fraud in 2008.

Tahir Mahmood, a mortgage broker banned from conducting regulated business by the FSA for falsifying incomes, suggests the regulator would find many more brokers guilty of the crime if it stepped up its checks.

The Association of Mortgage Intermediaries (AMI) has called for calm across the mortgage arena after the FSA's Philip Robinson suggested criminal activity is rife in the market.