FSA

Risk-profiling tool launched

Markets have always required relationships

External staff turnover back at 2013 levels

He dropped his Upper Tribunal case

FCA was formed three years ago

£1bn in complaints costs since 2010

Crowdfunded Rebus lost £800k

Even regulator queried use of a 'system' to record attitude to risk

A report into the collapse of Halifax Bank of Scotland (HBOS) has given a damning verdict on the then regulator's role in failing to spot or prevent the bank's failure.

A financial adviser is poised for a legal showdown with a controversial lead generation firm employing a banned IFA, after he said it failed so dramatically to provide the advertised service it amounted to "deception and fraud".