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Keydata

Economics / Markets

This week's news... condensed

CONDENSED NEWS

clock 13 April 2012 •

Regulation

Keydata action group calls for FSCS backing in pursuit of 'real miscreants'

An action group representing hundreds of Keydata investors has called on the Financial Services Compensation Scheme (FSCS) to back its litigation against the multi-national firms which acted on the SLS Capital and Life Settlement Capital Bond Schemes....

clock 12 April 2012 •

Service

PI insurer locks in rates for two years

Collegiate Underwriting has announced a professional indemnity insurance (PII) deal for IFAs, which freezes rates for two years.

clock 19 March 2012 •

Regulation

FSCS interim levy Q&A

INTERIM LEVY

clock 15 March 2012 •

Regulation

FSCS: No large investment failures expected in 2012/13

The Financial Services Compensation Scheme (FSCS) says it does not expect any major investment failures in the next financial year after setting another interim levy for financial advisers.

clock 15 March 2012 •

Regulation

FSCS sets interim levy at £60m

The Financial Services Compensation Scheme (FSCS) has confirmed a £60m interim levy for financial advisers and other investment intermediaries.

clock 14 March 2012 •

Regulation

Keydata probe: Ford wants ban on FSA staff who saw emails

Keydata founder Steward Ford is seeking to ban FSA staff who saw protected attorney-client e-mails from being involved in an investigation into the company.

clock 22 February 2012 •

Regulation

Lifemark teeters on brink of judicial liquidation

The FSCS is unlikely to recoup compensation costs from Keydata-backer Lifemark after it moved a step closer to administration, with its provisional adminstrator declaring it is unable to restructure it.

clock 06 February 2012 •

Regulation

Advisers' FSCS levy set at £33m

Advisers will contribute £33m towards the total expected cost of running the Financial Services Compensation Scheme (FSCS) in 2012/13, although they will also pay an additional interim levy of at least £40m before April.

clock 02 February 2012 •

Investment

FSCS says Keydata recoveries could be 'very significant'

The Financial Services Compensation Scheme (FSCS) says it expects to recover "very significant" sums of money paid out as compensation to investors mis-sold Keydata bonds.

clock 02 February 2012 •
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