FSA

The mortgage industry must consult internally on what lessons can be learned from the summer credit crunch, according to Jon Pain, chairman of the Council of Mortgage Lenders.

Advisers calling for the term ‘independence' to mean whole of market were today told "we hear you" by the FSA, as the regulator announced changes to the RDR timetable.

The FSA will inevitably be superseded by an EU-wide ‘mega regulator', a high-profile UK adviser believes.

Firms are not doing enough to ensure their appointed representatives (ARs) are treating customers fairly (TCF) in mortgage, investment and insurance sales, the FSA says.

The FSA must suspend the trading of shares in Northern Rock to prevent fat cats making profits from the beleaguered bank, the Liberal Democrats have warned.

The FSA has hinted the mortgage advice market could be in line for an "RDR-style" review in the near future.

The FSA says a move to principles-based regulation will provide the right environment for Islamic finance to flourish in the UK.

A quarter of financial firms have failed to meet the FSA's online advertising standards in a review.

The FSA has slammed the "unacceptable" number of mortgage firms failing to treat their customers fairly following a series of reviews which could see up to 75 brokers face regulator action.

The Association of IFAs has issued extra guidance to its members regarding new funding criteria for the Financial Services Compensation Scheme (FSCS).