FCA
United Kingdom | 16 Jun 14
Credit Suisse and Yorkshire Building Society fined
Credit Suisse International (CSI) and Yorkshire Building Society have been fined £3.8m by the Financial Conduct Authority for misleading investors on a widely sold structured product.
United Kingdom | 12 Jun 14
FCA says banks paid 11bn for swap miss selling
Banks nabbed selling miss-selling interest rate hedging products have forked out £1.1bn in compensation, the FCA said.
Tax & Regulation | 10 Jun 14
fca issues far-reaching client money changes
The UK’s Financial Conduct Authority has signalled a sharper regulatory focus on holding client money with the publication of its policy statement today, and the prospect of other jurisdictions following suit.
Retirement | 10 Jun 14
ABI branded unfair for doubting
A senior figure at Fidelity Worldwide Investment has criticised the Association of British Insurers (ABI) for its unfair claim that providers are not a suitable choice to deliver the guidance guarantee announced in this years Budget.
United Kingdom | 5 Jun 14
Firms face 460m annual bill for regulation
Advisory firms based in the UK are spending an estimated £460m each year on the direct and indirect cost of regulation, according to a recent study.