Regulation

Hundreds of thousands of interest-only mortgage borrowers whose deals mature before 2020 are likely to face a funding shortfall, according to estimates produced for the Financial Conduct Authority (FCA).

The embattled Bank of Ireland (BoI) has come under fresh attack for "unfairly" hiking the interest rates of thousands of borrowers on ‘tracker' mortgages, despite a static base rate.

The Financial Conduct Authority (FCA) has banned a father and son who were directors of Which Mortgage for submitting mortgage applications to high street lenders containing false and misleading information.

Too much regulation - instead of instilling greater trust in the financial services industry - can have the opposite effect, according to Richard Sexton, reputation and policy director at PricewaterhouseCoopers (PwC).

The blame for the erosion of trust in financial services must be laid at the feet of everyone involved in the sector, the Financial Conduct Authority's (FCA's) director of supervision has said.

It will come as little surprise to readers of IFAonline.co.uk that most of your peers believe Hector Sants, the former chief executive of the Financial Services Authority (FSA) and now the highly-paid head of compliance at Barclays Bank, was misguided...

The Financial Conduct Authority (FCA) has reached an agreement with Santander UK that will see the bank contact over 270,000 mortgage customers about unclear information it gave before increasing the cap on its standard variable rate (SVR) in 2008.

The controversial Money Advice Service (MAS) will likely be shut down when it next comes up for review in 2015, according to Association of Mortgage Intermediaries (AMI) chief executive Robert Sinclair.

The Financial Conduct Authority (FCA) has set out the steps it will put into action in the event of a regulatory failure.

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