The FSA has fined Barclays almost £2.5m for failing to provide accurate reports to the regulator.
HSBC subsidiaries have been fined a total of £3m for failing to protect their customers' personal data.
A laptop containing the unencrypted personal data of 109,000 Pensions Trust members has been stolen from software provider NorthgateArinso.
Reita, the trade body representing REITS and other commercial property investments, is to make data on net asset values (NAV) available to the public.
The FSA has fined a stockbroker £77,000 for having weak data security controls, which left customers at risk of fraud.
The Association of Finance Brokers (AFB) has launched the first set of authoritative sales data for the secured loans industry, following cross industry agreement.
IFA portals, back office technology services, and product providers have unveiled a major education initiative to help intermediaries understand what e-business can do for them.
We are all aware of the fine of almost £1m to Nationwide for their lost laptop. This single laptop was stolen from an employee's house but it is reported that Nationwide failed to report the loss to the FSA.
THE £1m fine meted out to Nationwide by the FSA after a laptop was stolen from an employee's home has rapidly brought the issue of client data protection to advisers' attention.
Being part of a large software organisation, it is interesting to see how the emerging technology propositions for wrap accounts differ quite radically in their approach. Several are putting forward a one-stop shop where all clients are captured onto...