FCA
Tax & Regulation | 21 Jan 15
Senior partners banned over Arch Cru failings
Two senior figures who were behind the “serious failings” of Arch Financial Products have been fined and banned from the financial services industry, concluding a long-standing legal battle.
Tax & Regulation | 19 Jan 15
FSCS proposes cut in running costs levy
The UKs financial regulators have proposed a £5.5m ($8.3m, 7.2m) decrease in the Financial Services Compensation Schemes (FSCS) running costs.
United Kingdom | 19 Dec 14
Govt proposes FCA enforcement overhaul
The Government has proposed a revamp of the FCA’s enforcement process to deter wrongdoers and to protect both consumers and the UK markets.
United Kingdom | 18 Dec 14
Jailed IFA banned from industry
A financial adviser who was sentenced to four years imprisonment after he conned elderly clients out of £130,000 has been banned from the industry for life.
Tax & Regulation | 16 Dec 14
RDR is working says FCA
The FCA has said there is little evidence to suggest the Retail Distribution Review (RDR) has caused any major decline in the availability of financial advice, and has in fact had a positive impact overall.