Financial Conduct Authority

The Treasury Select Committee (TSC) has launched its inquiry into the Financial Conduct Authority (FCA).

A new joint committee of six MPs and six peers is to enquire about consumer responsibility under the new 'twin peaks' regulatory system as it begins its pre-legislative scrutiny of the draft Financial Services Bill (FSB).

The Treasury Select Committee (TSC) will begin an inquiry into the accountability of the successor regulator to the Financial Services Authority (FSA), the Financial Conduct Authority (FCA).

The Treasury has denied the new regulatory structure set to replace the Financial Services Authority (FSA) will clash with European regulation.

This week, more details were published about the new look regulator post the split-up of the FSA.

Informed Choice chief executive Nick Bamford and chief executive of the Institute of Financial Planning Nick Cann give their verdict on yesterday's Financial Services Authority meeting on the future of regulation.

Sheila Nicholl, the FSA's director of policy, yesterday asked a packed hall of advisers, product providers and consumer groups: What one thing would you want the Financial Conduct Authority to do differently to the FSA on consumer protection?

Financial Services Authority(FSA)chief executive Hector Sants has ruled out rewarding firms with lighter touch regulation for good behaviour under the planned Financial Conduct Authority(FCA).

The Association of Independent Financial Advisers (AIFA) has voiced fears the Financial Conduct Authority (FCA) could harm the UK's competitiveness.

Prudential CEO Tidjane Thiam today told the FSA the UK will not benefit from a new regulator which is overly-prescriptive and stunts financial services.