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FSA

Economics / Markets

Banking regulator still expecting failures in new regime

The senior regulator who will be in charge of supervising banks has warned that institutions will still be allowed to fail, despite more rigorous oversight of the businesses under the new regime.

clock 23 October 2012 •

Regulation

FSA report on HBOS collapse faces 'long delay'

The Financial Services Authority's report into the collapse of Halifax Bank of Scotland (HBOS) is not likely to appear until at least next summer, according to the Independent.

clock 22 October 2012 •

Regulation

FSA bans mortgage advisers for fraudulent applications

The Financial Services Authority (FSA) has prohibited a director and two mortgage advisors of Ambergate Business Services for their involvement in the submission of mortgage applications to lenders containing inaccurate, false and misleading information....

clock 19 October 2012 •

Regulation

FSA blocks director purchase after CV lies

An inexperienced director who fabricated elements of her CV has been blocked from buying Financial Services Authority (FSA) authorised firm Think Finance.

clock 19 October 2012 •

Regulation

CII: FCA must give examples of 'good' practice

The Financial Conduct Authority (FCA) must provide the industry with examples of good practice, something that has been "missing" from regulatory correspondence to date, according to the Chartered Insurance Institute (CII).

clock 19 October 2012 •

Pensions

FSA fines former finance director at SIPP operator Montpelier

The Financial Services Authority (FSA) has imposed a fine of £17,850 on Graeham Sampson, the former finance director of Montpelier Pension Administration Services Limited (MPAS).

clock 19 October 2012 •

Mortgages

Bank of Scotland fined £4.2m for mortgage failings

Bank of Scotland has been fined £4.2m by the Financial Services Authority (FSA) for failing to keep accurate mortgage records.

clock 19 October 2012 •

Economics / Markets

Treasury Committee condemns FSA over RBS failures

The Financial Services Authority (FSA) "should and could" have intervened in the Royal Bank of Scotland's (RBS's) ill-fated acquisition of ABN Amro, a damning report by the Treasury Committee concludes.

clock 19 October 2012 •

VCTs / EIS

VCTs and EISs to come under UCIS ban

Venture capital trusts (VCTs) and enterprise investment schemes (EISs) are to fall under the Financial Services Authority's (FSA's) upcoming guidance on unregulated collective investments schemes (UCIS).

clock 18 October 2012 •

Regulation

FSA fines Sun Life Assurance Company of Canada (UK) £600k

Sun Life Assurance Company of Canada (UK) Limited (SLOC UK) has been fined £600,000 by the Financial Services Authority (FSA) for failings in the governance of its with-profits business.

clock 18 October 2012 •
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