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.
FCA
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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.
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uk advisers falsely claiming independence
An early Financial Conduct Authority review into the adjustment to the RDR shows some advisers continue to describe themselves as independent yet are choosing products from a limited number of providers.
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FCA brings UK in line with EU
The FCA has introduced two legal forms of collective investment schemes as part of its policy statement on the AIFMD, bringing the UK in line with the rest of the EU.
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fca reveals details of Ucis marketing ban
Enterprise investment schemes, venture capital trusts and ETFs are among the fund structures exempt from the Financial Conduct Authority's ban on the marketing of Unregulated Collective Investment Schemes (Ucis) to retail investors, much to the relief of industry experts.
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financial conduct authority to launch review into
The Financial Conduct Authority is to launch a review later this year into instances where advisers are trying to circumvent the recently implemented Retail Distribution Review legislation.
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uk advisers face 13 fee hike
Intermediaries in the UK face paying around 13% more in fees to the newly created Financial Conduct Authority.