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.
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.
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.
The Financial Services Authority (FSA) is planning to ramp up its efforts to make consumers aware of the Retail Distribution Review (RDR) next month.
Six men have been convicted of offences relating to insider dealing which netted them £732,000 in profits.
Concerns have been expressed about the way in which the Financial Services Authority (FSA) is communicating the Retail Distribution Review (RDR) to consumers.
Seven more banks have agreed to join the Financial Services Authority's (FSA) review of sales of interest rate hedging products to SMEs.
European Commissioners are set to make interest rate rigging a criminal offence after the LIBOR scandal, according to reports.
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.
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.