FSA

DIZZY HEIGHTS

A year after regulators ruled that banks were guilty of widespread mis-selling of £2 bn of interest rate ‘swaps', thousands of the small and medium-sized businesses affected are still waiting to receive compensation.

The Financial Conduct Authority (FCA) is showing signs of an impending overhaul of conduct regulation should politics and the industry allow it, according to a prominent consultancy.

Former Bradford & Bingley group finance director Chris Willford is potentially facing a £100,000 fine from the Financial Conduct Authority (FCA) after losing in the Court of Appeal yesterday.

The Association of Professional Advisers (APFA) has today urged the Financial Conduct Authority (FCA) to re-think its proposal of fees for the coming year, claiming that advisers were hit disproportionately hard.

Jon Pain, a former managing director and one-time interim chief executive of the Financial Services Authority (FSA), is to join state-owned Royal Bank of Scotland (RBS).

The directors of the troubled £400m Caribbean property investment scheme run by Harlequin Property have been issued with a High Court order freezing their personal assets up to £1.1m.

The Money Advice Service (MAS) is calling on stakeholders in the financial services industry to share their knowledge of what works for consumers as part of a wider project designed to improve the overall financial wellbeing of Britons.

A significant minority of investors at Prudential have voted against chief executive Tidjane Thiam's 2012 pay deal, delivering a rebuke to leadership already under fire for their handling of a failed Asian takeover.

The Financial Conduct Authority (FCA) is stepping up efforts to ensure firms are meeting its client money rules, according to a consultant.