FSCS
Regulation
The FSCS plans to hit IFAs with a proposed levy of £70m before the end of March.
12 February 2010
•
Your profession
The Financial Services Compensation Scheme (FSCS) has appointed former director general of the Treasury Mark Neale as chief executive officer.
29 January 2010
•
Structured Products
Arc Capital & Income's administrator has received an FSA waiver which will allow client funds to be distributed.
15 January 2010
•
Economics / Markets
Money raised through the Landsbanki wind-up will cover 100% of Icesave compensation costs to the UK only if the Government avoids a firesale, says the Treasury.
12 January 2010
•
Structured Products
Meteor Asset Management has bought the structured product books of both NDF Administration and Defined Returns Limited.
04 January 2010
•
Your profession
Loretta Minghella, chief executive of the Financial Services Compensation Scheme (FSCS), has been awarded an OBE in the Queen's 2010 New Year Honours list.
04 January 2010
•
Regulation
The Financial Services Compensation Scheme (FSCS) has appointed Kate Bartlett director of operations.
16 December 2009
•
Regulation
The FSA should immediately review its authorisation procedures following news IFAs will need to pick up the tab for Keydata compensation, according to AIFA.
15 December 2009
•
Structured Products
The Financial Services Compensation Scheme (FSCS) expects the number of claims against structured products firms to continue to increase throughout next year, meaning its costs will also rise accordingly.
15 December 2009
•
Structured Products
The FSCS is to start considering compensation claims for Lehman-backed structured products sold by NDFA, Defined Returns Limited and Arc Capital and Income, saying the products may have been mis-sold.
11 December 2009
•
