george osborne slams fca for damage to
The UK chancellor has said he is profoundly concerned with the FCA after its leaked inquiry announcement on Friday caused stocks in insurance companies to plummet.
FCA
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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.
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fca to investigate long term exploitation
The Financial Conduct Authority (FCA) is to investigate concerns that insurance providers are treating longstanding customers unfairly.
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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.
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UK fraudster sentenced to seven years
Bournemouth's Benjamin Wilson has been sentenced to seven years imprisonment for defrauding investors of more than £21m.
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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.
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fca sets deadline in clampdown
The FCA has issued its finalised guidance on inducements, taking on its three main causes for concern in the relationship between product providers and advisers.
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fca fines reach close to 500m in 2013
Since its introduction in April last year the FCA has been incredibly stringent on fining firms and then telling the world about it as a lesson to others.
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hartmann capital winding up in wake
Hartmann Capital, a London-based investment firm and discretionary accounts manager, the products of which have been sold by Europe-based financial advisers, is being wound up in the wake of a Financial Conduct Authority “supervisory notice” against it.
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acordias founder and ex director wilkins
Andrew Wilkins, one of two brothers who founded the Acordias investment platform company in 2010, is appealing a Financial Conduct Authority "senior role" ban and fine, relating to events at a company he was involved with prior to March 2010.
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fca fines sei nearly for client money failings
SEI Investments has been fined £900,200 by the Financial Conduct Authority for client money breaches.
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the fcas 100k social media bill
The UK’s Financial Conduct Authority has spent more than £100,000 on social media, clocking up its bill by training staff on Twitter and Facebook as well as monitoring and analysing online platforms.