The Financial Conduct Authority (FCA) has outlined details of its new supervision strategy, including dropping some firms' individual supervisors.
Three of the regulator's top brass have spent almost £10,000 on foreign travel and accommodation in the first half year of the Financial Conduct Authority's(FCA) existence.
A financial adviser has been banned and fined £117,330 for mis-selling unregulated collective investment schemes (UCIS).
The Financial Services Authority (FSA) has spent an average of more than £1m annually in the last six years on the services of 'headhunting' businesses, tasked with finding suitable candidates for senior positions at Canary Wharf.
Firms that continue to have issues picked up on by the Financial Services Authority (FSA) are likely to be treated more harshly by the regulator's successor, according to one of its directors.
The FSA has fined the head of European credit sales at Credit Suisse £210,000 for improper market conduct and disclosing confidential client information.