FCA

Tax & Regulation | 12 Dec 16

The UK’s Financial Conduct Authority (FCA) netted £22.2m ($27.9m, €26.4m) in fines against 23 financial institutions during 2016, a more than 97% drop from last year, reports the Guardian.

Best Practice | 9 Dec 16

A tighter framework for closed books of life and pensions business has been unveiled by the UK’s Financial Conduct Authority (FCA) after uncovering poor practices in parts of the industry.

Asia | 8 Dec 16

The Hong Kong Monetary Authority (HKMA) and the UK’s Financial Conduct Authority (FCA) are to “foster collaboration between the two regulatory authorities in promoting financial innovation”.

United Kingdom | 5 Dec 16

The UK’s Financial Conduct Authority (FCA) is urging people aged over 55 to make sure that all investment ‘opportunities’ are legitimate before they part with their money as new data from the watchdog victims of investment fraud lost £32,000 (€38,180, $40,732) on average every year.

Best Practice | 25 Nov 16

Proposals from the UK’s Financial Conduct Authority (FCA) that would require annuity providers to tell customers what they could gain by shopping around and switching have been met with muted enthusiasm.