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FCA

Regulation

FSCS will consider Arch Cru claimaints that shunned redress scheme

The Financial Services Compensation Scheme (FSCS) said it would consider accepting claims from investors who have opted out of the Arch Cru redress scheme.

clock 28 January 2014 •

Regulation

Advisers to pay out £31.5m to compensate Arch Cru investors

Financial advisers are expected to fork out £31.5m in compensation to clients who invested in the CF Arch Cru Investment and Diversified funds (Arch Cru) and were found to have received unsuitable advice.

clock 27 January 2014 •

Regulation

FCA fines Canadian firm £8m after Appeal court decision

The Financial Conduct Authority (FCA) has fined Canadian trading firm Swift Trade £8m for market abuse after the Court of Appeal concluded a legal battle that lasted for more than two years.

clock 27 January 2014 •

Regulation

Scammers create English clone of German wealth manager

Scammers have cloned a German wealth management firm which aims to lure in UK investors using a fictitious office in London's City, the Financial Conduct Authority (FCA) has warned.

clock 27 January 2014 •

Your profession

Quick Quiz of the week's news

QUICK QUIZ

clock 24 January 2014 •

Regulation

IFA calls on FCA to crack down on unqualified advisers

An IFA has accused the Financial Conduct Authority (FCA) of not staying on top of its policing mandate and has called for a greater crack-down on advisers that are violating its rules.

clock 24 January 2014 •

Investment

Miton sells off Liverpool funds arm, Hooper exits

Miton Group has agreed to sell its Liverpool-based funds business, Miton Capital Partners to Seneca Investment Managers in a £6m deal.

clock 24 January 2014 •

Regulation

Firms must assess CMC claims promptly and fairly, regulators warn

The Claims Management Regulator (CMR), Financial Conduct Authority (FCA), Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS) have issued joint guidance for firms on how to deal with claims management companies (CMC),...

clock 24 January 2014 •

Mortgages

FCA forces Kensington to change 7,000 borrowers' mortgage terms

Kensington Mortgages will issue new terms and conditions to 7,000 of its borrowers after a ruling by the Financial Conduct Authority (FCA).

clock 23 January 2014 •

RDR

Spotlight on inducements: How much transparency is enough?

INDUCEMENTS

clock 23 January 2014 •
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