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FCA

Regulation

Burdensome and nonsensical: Advisers hit out at RMAR

DATA

clock 12 September 2013 •

Regulation

FCA review must examine causes of complaints, says FOS

The Financial Ombudsman Service (FOS) has said it welcomes a regulatory review into how "major" financial institutions handle complaints, but warned it first needed to look at the barriers to complaining.

clock 11 September 2013 •

Investment

FCA chief confirms formal probe into interest rate derivatives

The Financial Conduct Authority (FCA) has confirmed for the first time it has joined an international probe into the alleged rigging of the multi-trillion dollar trade in interest rate derivatives.

clock 11 September 2013 •

Regulation

Wheatley: We'll be tough and, yes, we hope that's a legacy

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), has said he wants the regulator's legacy to reflect that it ensured wrongdoers "faced the full consequences" of their actions.

clock 10 September 2013 •

Regulation

Wheatley: Drop in adviser numbers is a concern

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), has admitted to concerns about some of the effects the Retail Distribution Review (RDR) has had on the adviser community, and said the regulator will look into the reduction...

clock 10 September 2013 •

Regulation

FCA announces market study into £1trn cash savings market

The Financial Conduct Authority (FCA) is to carry out a study into the UK cash savings market as part of a programme of work seeking to assess the effectiveness of competition in financial markets.

clock 09 September 2013 •

RDR

FCA clarifies legacy cash rebate stance

The Financial Conduct Authority (FCA) has outlined the scenarios in which the payment of cash rebates from providers to consumers can continue after a wider ban comes into force next year.

clock 06 September 2013 •

Regulation

Former FSA director Nicoll joins Ernst & Young

Former Financial Services Director (FSA) director of conduct policy Sheila Nicoll has joined Ernst & Young's asset management practice as a senior adviser.

clock 06 September 2013 •

Regulation

APFA: RMAR is so confusing even accountants don't get it

The Association of Professional Financial Advisers (APFA) has endorsed the regulator's show of interest in the issues firms are facing with Retail Mediation Activities Return (RMAR) reporting but warned that more work needed to be done.

clock 06 September 2013 •

Regulation

Adviser fights FCA over 'illogical' RMAR reporting

An adviser has complained to the Financial Conduct Authority (FCA) following an hour-long phone conversation about Retail Mediation Activities Return (RMAR) reporting that led to an agreement over accounting rules that was not "entirely logical".

clock 06 September 2013 •
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