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FCA

Regulation

FCA issues fresh call for investors in Ponzi scheme

The Financial Conduct Authority (FCA) has renewed calls for investors in one of the UK's largest Ponzi schemes to come forward and claim their share of the £914,000 "likely" available for distribution.

clock 20 June 2014 •

Income

FCA: Annuity comparison site providers must include guarantees info

Firms providing comparison websites for annuities should include details of the types of guarantees available and identify providers if they operate a restricted panel, after the Financial Conduct Authority (FCA) updated its guidance for firms.

clock 20 June 2014 •

Regulation

FCA chief Wheatley wins 'positive change' award

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), has been recognised for helping "shift the culture of financial regulation" by putting "the interests of consumers first".

clock 20 June 2014 •

Regulation

FCA outlines new approach to tackling serious firm failings

The Financial Conduct Authority (FCA) has introduced a new approach to tackling serious failings in financial services firms by cracking down on senior level management first.

clock 20 June 2014 •

Regulation

Out of favour: Has the regulator lost interest in S166?

Out of favour: Has the regulator lost interest in S166?

clock 19 June 2014 •

Regulation

Long-stop petition 'needs 4k more signatures' in next five weeks

The industry's petition calling on the government to remove the ombudsman's right to consider claims without any long-stop restriction, has passed 5,000 signatures but needs double that to be considered by officials.

clock 19 June 2014 •

Structured Products

FCA fines Credit Suisse Int'l and Yorkshire BS over £800m structured product failings

The Financial Conduct Authority (FCA) has fined Credit Suisse International (CSI) £2.4m and Yorkshire Building Society more than £1.4m for giving undue prominence to a structured product's near-unattainable potential return.

clock 16 June 2014 •

RDR

Wheatley: 2014 could be defining moment for automated advice

Financial Conduct Authority (FCA) chief executive Martin Wheatley has once again thrown his weight behind the idea of computerised advice, as he predicted a financial services future shaped by software developers, computer programmers and economists....

clock 11 June 2014 •

Regulation

FCA implements 'fundamental rethink' of client money rules

The Financial Conduct Authority (FCA) has made a number of "extensive and detailed" changes to its client money rules which it hopes will improve the protection of client assets.

clock 10 June 2014 •

Income

FCA modifies retirement income study to reflect Budget changes

The Financial Conduct Authority (FCA) has altered the scope of its retirement income study following the huge changes to annuity rules announced in the Budget.

clock 09 June 2014 •
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