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FSA

Regulation

FSA chief: Too costly to prevent all financial malpractice

Financial Services Authority (FSA) chairman Lord Adair Turner said the regulator is reviewing its approach to supervision following the LIBOR scandal, but said it would cost too much to prevent all malpractice in the industry.

clock 24 July 2012 •

Regulation

FSA warns PII providers on dodging Arch Cru claims

The Financial Services Authority (FSA) has warned professional indemnity insurance (PII) providers against excluding cover for Arch Cru claims when renewing independent financial advisers' (IFAs') policies.

clock 24 July 2012 •

Regulation

FSA fines insurance broker £470k for misappropriating premiums

The Financial Services Authority (FSA) has banned and fined a former commercial insurance broker £471,846 for using clients' money to fund his own business.

clock 24 July 2012 •

RDR

FSA planning August awareness blitz on RDR

The Financial Services Authority (FSA) is planning to ramp up its efforts to make consumers aware of the Retail Distribution Review (RDR) next month.

clock 24 July 2012 •

Regulation

Six guilty in complex £730k insider dealing case

Six men have been convicted of offences relating to insider dealing which netted them £732,000 in profits.

clock 23 July 2012 •

Regulation

FSA efforts on RDR communication an 'insult' to advisers

Concerns have been expressed about the way in which the Financial Services Authority (FSA) is communicating the Retail Distribution Review (RDR) to consumers.

clock 23 July 2012 •

Regulation

Seven banks join FSA review of interest rate hedging products

Seven more banks have agreed to join the Financial Services Authority's (FSA) review of sales of interest rate hedging products to SMEs.

clock 23 July 2012 •

Regulation

Europe to make interest rate rigging criminal offence

European Commissioners are set to make interest rate rigging a criminal offence after the LIBOR scandal, according to reports.

clock 22 July 2012 •

Regulation

Arch Cru redress scheme could 'irreparably' damage industry

A proposed £110m redress scheme for Arch Cru investors could "irreparably" damage firms forced to pay for the failures of others through the Financial Services Compensation Scheme (FSCS), the regulator has been warned.

clock 20 July 2012 •

Regulation

FSA secures £130k redress for boiler room victims

Victims of a £1m boiler room scam are to be paid back a fraction of their losses after the Financial Services Authority (FSA) secured a court order against the fraudsters behind it.

clock 19 July 2012 •
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