FCA puts Deutsche Bank under enhanced supervision
One of Europe’s largest banks is being closely monitored by the Financial Conduct Authority due to concerns over governance
FCA
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FCA chief expresses regret over shoot first
Martin Wheatley, the chief executive of the Financial Conduct Authority, has said he regrets his description of the regulators approach as shoot first, ask questions later.
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FCA bolsters pension protection ahead of reforms
The Financial Conduct Authority (FCA) has outlined plans to introduce extra protection for those accessing their pension pots in light of forthcoming reforms.
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Life settlement group to sue unprofessional FCA
An action group will sue the FCA next month for unprofessionally labelling life settlements funds as death bonds.
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FCA issues final definitions regarding
The Financial Conduct Authority has issued its final definitions of regulated advice and personal recommendations in relation to retail investments.
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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.
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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.
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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.
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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.
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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.
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EEA action group claims FSA unlawfully restricted
An action group for life settlement fund investors has accused the FSA of unlawfully restricting human rights when it controversially described the products as high risk and toxic in a 2011 warning.
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ExBlackRock MD faces industry ban over
A former BlackRock managing director who avoided £43,000 in ticket fares has been handed an industry ban by the Financial Conduct Authority (FCA).