fines

The Financial Services Authority (FSA) has publicly censured Cattles and its subsidiary Welcome Financial Services for publishing misleading information to investors about the credit quality of the latter's loan book.

A financial adviser has been fined £95,200 and banned by the Financial Services Authority (FSA) for knowingly submitting mortgage applications in his own name which contained false information.

The FSA has fined the head of European credit sales at Credit Suisse £210,000 for improper market conduct and disclosing confidential client information.

The Financial Services Authority (FSA) has fined a former managing director at Merrill Lynch International for disclosing inside information about Punch Taverns prior to its 2009 rights issue.

UK Insurance Ltd, the parent company of Churchill and Direct Line, has been fined £2.17m by the FSA for doctoring its customer complaint files.

The Financial Services Authority (FSA) has fined Combined Insurance Company of America (CICA) £2.8m because its poor management of staff put customers at risk of being treated unfairly.

Her Majesty's Revenue and Customs (HMRC) has begun disciplinary procedures against the whistleblower who spoke out over its alleged tax deal with Goldman Sachs.

Canadian trading platform Swift Trade has dropped a legal battle against the Financial Services Authority (FSA).

A senior executive at UBS has challenged a fine from the Financial Services Authority (FSA) in a tribunal today.

AWD Chase de Vere spent more than £1.5m settling complaints and paying customer redress last year, and expects the figure to be even higher this year.