PRA (Prudential Regulatory Authority)

The Financial Conduct Authority (FCA) offers a "huge opportunity" for the regulator and businesses to start afresh, Martin Wheatley has said.

An incoming regulatory body responsible for insurance companies will allow firms to collapse under a new approach.

The incoming Prudential Regulation Authority (PRA) may impose restrictions on what staff at banks and investment firms can earn if the levels of remuneration pose a threat to the business's health.

A former IFA leading a campaign to rebuild consumer trust in financial services has called on the incoming Financial Conduct Authority (FCA) to publicly back its agenda.

The new financial regulators will have the power to discipline individuals for activities outside of the controlled functions they perform, under rules proposed by the Financial Services Authority (FSA).

Regulated firms will not be able to use the logo of the Financial Services Authority's (FSA's) successor, under plans drawn up for next year.

Financial services firms have warned the cost of complying with regulations after the Financial Services Authority is split next year could rise by 20%, according to a survey by consulting firm Protiviti.

Two Labour peers have introduced an amendment to the Financial Services Bill seeking to minimise Financial services Compensation Scheme (FSCS) costs borne by levy-payers.

The imminent division of the Financial Services Authority (FSA) into two regulatory bodies presents an opportunity to leave the FSA's "damaged reputation" in the past, its chairman, Adair Turner, said today.

Setting up the Prudential Regulation Authority (PRA) could cost up to £150m, the Financial Services Authority (FSA) said today.