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FSCS

Regulation

FSA consults on raising FSCS adviser class threshold

The Financial Services Authority (FSA) has set out proposed changes to the funding of the Financial Services Compensation Scheme (FSCS).

clock 25 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

AIFA lobbies Chancellor on using fines to pre-fund FSCS

The Association of Independent Financial Advisers (AIFA) has set out plans to the Treasury on how regulatory fines could be used to transition the Financial Services Compensation Scheme (FSCS) to a pre-funded system.

clock 18 July 2012 •

Regulation

Peers call on regulator to minimise FSCS costs

Two Labour peers have introduced an amendment to the Financial Services Bill seeking to minimise Financial services Compensation Scheme (FSCS) costs borne by levy-payers.

clock 17 July 2012 •

Regulation

FSA sets out legal backing for Arch Cru redress scheme

The Financial Services Authority (FSA) has set out the legal backing it received for its proposed £110m redress scheme for Arch Cru investors.

clock 13 July 2012 •

Regulation

Call to end professional indemnity 'lottery' for advisers

The Association of Christian Financial Advisers (ACFA) has called for an end to the Financial Services Compensation Scheme (FSCS) in its current form and a re-drafting of the professional indemnity insurance (PII) market.

clock 11 July 2012 •

Regulation

FSA bans former Pacific Continental broker

A former broker at Pacific Continental Securities (PCS) has been fined £30,000 by the Financial Services Authority (FSA) and banned for passing on inside information to customers and other failings.

clock 09 July 2012 •

Regulation

FSCS to step up pursuit of Keydata IFAs

The Financial Services Compensation Scheme (FSCS) has pledged to continue pursuing advisers it alleges mis-sold Keydata products.

clock 05 July 2012 •

Regulation

Turner: FSCS levies are 'fully proportionate'

The chairman of the Financial Services Authority (FSA) has defended the current system of regulatory fees and levies for small firms, arguing they are proportionate to the size of the firm.

clock 04 July 2012 •

Regulation

AIFA and IMA oppose FSCS changes

Industry trade bodies have criticised proposed changes to the Financial Services Compensation Scheme (FSCS) sourcebook.

clock 27 June 2012 •
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