FCA
United Kingdom | 23 Mar 15
Govt report set to criticise
The UK’s financial watchdog will face “serious criticism” this week over its announcement of an inquiry which caused stocks to plummet across the insurance market, reports suggest.
United Kingdom | 20 Mar 15
FCA bans two former TMI directors
Two former directors of failed financial advisory firm TailorMade Independent, which advised clients on self-invested personal pension transfers into troubled overseas property company Harlequin, have been banned by the Financial Conduct Authority.
Offshore advisers look to UK in run-up to QROPS
Nearly one third of offshore advisers have formed links with UK advice firms in preparation for the Financial Conduct Authority’s restrictions on QROPS transfers, says a survey by Old Mutual Wealth
Investment | 16 Mar 15
Hume Capital Securities suspends
AIM-listed London broker Hume Capital Securities (HCS) has requested the suspension of trading in its shares after failing to raise enough funds for new business.
United Kingdom | 13 Mar 15
FCA sets final rules on social media use
The UK’s Financial Conduct Authority has ruled that when a financial services firm shares customer endorsements over social media it could be covered by its promotion rules, and it has set out clearer guidance on how employees can use their personal social media accounts.