FSA

Leader of the Conservative Party David Cameron says the FSA lacks expertise in key areas and should not be in charge of rescuing banks.

The FSA will create a new supervisory taskforce to review its employees who are overseeing standards for high-impact firms.

The Financial Services Authority will tomorrow admit to a catalogue of errors in its handling of the Northern Rock crisis, The Telegraph reports.

The FSA is investigating share trading in the UK after concerns were raised that "completely unfounded rumours" were leading to short-selling.

Clive Briault, managing director of retail markets at the FSA, will leave the regulator at the end of April, it has been announced.

The FSA has fined an adviser firm for failing to maintain adequate capital and for providing misleading information to the regulator.

The FSA has suspended the registration of Ethnic Mutual Ltd for three months from 14 March 2008 it was announced today.

Traders should be encouraged to take continuous holidays if firms want to avoid a repeat of the Société Générale (SG) 'rogue trader' incident in January, the FSA says.

The Association of Finance Brokers (AFB) has published the first in a series of treating customers fairly (TCF) fact sheets.

The IMA has given its support to the new UK Regulated Covered Bond Regime which it believes will increase activity in the sector and protect investors.