FCA
United Kingdom | 31 Mar 14
fca faces heavy criticism over inquiry
The board of the FCA has said it will look into how the UK regulator handled plans to investigate the treatment of long standing customers of life insurance companies, following resignation calls for its chief executive over the incident.
United Kingdom | 28 Mar 14
fca to investigate long term exploitation
The Financial Conduct Authority (FCA) is to investigate concerns that insurance providers are treating longstanding customers unfairly.
uks fscs looking into uk advisory firm
The UK’s Financial Services Compensation Scheme says it is “continuing to investigate” claims against TailorMade Independent, a UK advisory firm, to determine its “involvement in advising its clients to transfer existing pensions into Self Invested Personal Pensions” that were then invested in risky products.
United Kingdom | 17 Feb 14
UK fraudster sentenced to seven years
Bournemouth's Benjamin Wilson has been sentenced to seven years imprisonment for defrauding investors of more than £21m.
Tax & Regulation | 31 Jan 14
FCA fines State Street in mark-ups case
State Street UK has been fined £22.9m by the FCA having been found to have deliberately charged clients substantial mark-ups on transactions on top off agreed fees and commission.