PRA (Prudential Regulatory Authority)

Andrew Bailey to take over in July

A controversial decision by the Financial Conduct Authority (FCA) to drop its investigation into the culture at the UK's biggest banks was overseen by a Bank of England (BoE) official, according to reports.

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.

New protections

The City regulators will launch a new Financial Services Register to make it easier to find information on those they regulate - including scam firms for the first time.

The City's two watchdog's the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA) have publicly censured the Co-operative Bank failings including hiding the truth about its capital position.

The Financial Conduct Authority (FCA) has appointed a new director of supervision to replace Tracey McDermott who will step up to acting CEO in September.

Bank of England governor Mark Carney has used the annual Mansion House speech to warn that asset managers must prepare for the consequences of normalising monetary conditions.

The Financial Services Compensation Scheme (FSCS) will soon protect the total value of people's annuities, it has confirmed.

The Association of Professional Financial Advisers (APFA) has welcomed news that the Financial Services Compensation Scheme (FSCS) plans to cut its costs levy on the industry by £5m.