The Financial Conduct Authority (FCA) plans to use the element of financial penalties it retains after passing cash to the Treasury to lessen fees across those it regulates.
A financial adviser has been banned and fined £117,330 for mis-selling unregulated collective investment schemes (UCIS).
The Financial Services Authority (FSA) has fined Swiss-based French hedge fund manager Stefan Chaligné £900,000 and handed out a lifetime ban for market abuse.
The Financial Services Authority (FSA) has fined IFA network Pi Financial £58,300 for advising its clients to invest in high risk products which were "clearly" unsuitable.
US Federal authorities are reportedly investigating RBS over possible dealings with Iran, the latest case of a UK bank coming under scrutiny from US regulators.
Standard Chartered has agreed to pay a $340m (£217m) fine to US regulators after it was accused of trying to hide up to $250bn of transactions with Iran.
The Financial Services Authority (FSA) will today suggest scrapping LIBOR and replacing it with a borrowing rate based on actual trades, it has been reported.