Posts Tagged ‘FSA’

UKIP Health Spokesman concerned over the recent revelations regarding the Fipronil scandal

Friday, August 11th, 2017

UKIP’s Health Spokesperson, Dr Julia Reid MEP, who is a member of the Committee on the Environment, Public Health and Food Safety (ENVI), in the European Parliament, has expressed deep concern (more…)

EIS experts respond to FSA CP 12/19 announcement

Wednesday, February 13th, 2013

The FSA’s long awaited policy decision on the controversial CP 12/19 consultation paper is due out in April 2013. The basic premise of the paper – which was released in August last year – is a ban on the promotion of unregulated collective investment schemes (UCIS) and close substitutes to ordinary retail investors in the UK. (more…)

RBS: Sackings as good as rearranging the deck chairs on the Titanic

Wednesday, February 6th, 2013

As the RBS LIBOR rigging fine was confirmed at £390m, the public have begun to question how those responsible for such a huge manipulation of the financial markets are escaping prosecution.

Laura Willoughby Chief Executive of Move Your Money said:

(more…)

RBS fined £390 million over LIBOR rigging

Wednesday, February 6th, 2013

RBS has been fined a total of £390 million by the US Commodity Futures Trading Commission, the US Department of Justice and the UK Financial Services Authority. (more…)

Pension projections to be reduced by the FSA

Friday, November 2nd, 2012

The real story here maybe that the FSA foresees lacklustre growth for the UK over the coming years if not decades.

A scant month after workers had pensions foisted on them the UK Financial Services Authority has issued a policy document (more…)

AIC recommends FSA withdraws VCT restriction proposals

Tuesday, October 30th, 2012

The Association of Investment Companies (AIC) is to call on the FSA to withdraw its proposals to restrict the distribution of some investment companies, as set out in its consultation CP12/19 ‘Restrictions on the retail distribution of unregulated collective investment schemes and close substitutes’. (more…)

UK Financial Services sector strangled by burden of new regulation

Thursday, October 18th, 2012

Pressure to keep up with new regulation and legislation risks competitiveness of UK FS sector

The UK Financial Services (FS) industry is struggling with the pace and volume of change driven by new regulation and increasing legislation, according to new research out today (18 October 2012) from transformation consultancy Moorhouse. (more…)

BlackRock Investment Management fined £9.5m by the FSA

Tuesday, September 11th, 2012

The Financial Services Authority has fined BlackRock Investment Management Limited (UK) a sum of £9,533,100 for failures with regard to the protection of client money. (more…)

FSA to end mis-selling created by bad sales incentives

Wednesday, September 5th, 2012

The FSA has announced that it has launched an initiative to outlaw the types of sales incentives that end up with financial products being mis-sold. (more…)

FSA wants to ban the promotion of UCIS to ordinary investors

Wednesday, August 22nd, 2012

The FSA proposes to ban the promotion of Unregulated Collective Investment Schemes (UCIS) to ordinary retail investors after research showed that only one in four advised sales of this sort were suitable for the investor. (more…)

Crowdfunding warning issued by the FSA

Monday, August 13th, 2012

The UK’s Financial Services Authority has issued consumer information warning that crowdfunding is too complex and risky for the ordinary investor. (more…)

Stephen Hester prepares RBS for large fine

Monday, July 30th, 2012

The chief executive of the Royal Bank of Scotland, Stephen Hester, has warned that the bank faces a significant fine over the Libor fixing scandal. (more…)

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