FCA
Tax & Regulation | 23 Feb 16
FCA fine WH Ireland £1.2m for market abuse failures
UK wealth manager WH Ireland has been fined £1.2m ($1.7m) and restricted for 72 days from taking on new corporate broking clients for failing to sufficiently protect against the risk of market abuse.
Tax & Regulation | 19 Feb 16
FCA calls for advisers to be more diligent
Many financial advisers are not doing enough to “challenge the status quo” around the products and services they offer to clients, according to the Financial Conduct Authority.
Investment | 15 Feb 16
Investors to receive compensation after FCA prosecution
More than 100 people who invested in a fraudulent collective scheme will collectively receive around £2.9m compensation following the successful prosecution of a fake foreign exchange trader under the Proceeds of Crime Act 2002 (POCA).
Tax & Regulation | 27 Jan 16
Talk of UK commissions return draws ire
A return to commission payments would be a huge step backwards and contrary to the retail distribution review, said industry leaders after the Financial Conduct Authority’s (FCA) interim chief executive failed to rule out a return to commission payments.
Tax & Regulation | 26 Jan 16
Bank of England’s Bailey named FCA chief executive
The new chief executive of the UK’s Financial Conduct Authority (FCA) has been named as Andrew Bailey, the Bank of England’s deputy governor for prudential regulation and chief executive of the Prudential Regulation Authority (PRA).