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.
FCA
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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.
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uk outlines plans to up competitiveness against
The UK’s Financial Conduct Authority has outlined plans to speed up fund authorisations with measures to help the UK increase its competitiveness against offshore financial centres.
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data on uk regulated firms lost by regulator
Data on UK-regulated firms has gone missing because Financial Conduct Authority staff have been victims of crime, the regulator has revealed.
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big banks top FCA complaints list after
Barclays Bank has topped the Financial Conduct Authority’s list of most complained about firms, with Lloyds, Bank of Scotland and Santander UK following closely behind.
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fca unveils name and shame action plans
The City regulator has revealed it will publish the details of ongoing investigations, following on from its vow earlier this year to get tough on errant firms.
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two firms face enforcement action as
Two firms in the UK are facing enforcement action and a number of others have been asked to amend practices after a Financial Conduct Authority review found evidence of life insurance and advisory firms “undermining the objectives of the RDR”.
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when will the fca show its teeth over rdr
This morning, the UK’s Financial Conduct Authority revealed its first review into the implementation of the RDR which found some advisers were claiming independent status when in fact they were offering a restricted choice of products or providers.