FSA
Premium Credit welcomes FSA probe into premium finance industry
Following the recent review by the FSA into brokers’ premium finance deals, Premium Credit has announced support for this investigation and outcome. Commenting on...
FSA : two new non executive directors appointed to the FSCS board
The Financial Services Authority (FSA) has appointed two new non-executive directors to the Board of the Financial Services Compensation Scheme (FSCS).
Marian Glen and Charles...
AXA Wealth : comment on FSA’s research
Andy Zanelli, head of retirement planning, AXA Wealth, comments on FSA research that says a third of consumers believe financial advice is free.
"Today's research...
Autorek : warns financial institutions it will be imperative to rethink current processes
AutoRek has issued a strong warning to financial institutions that it will be imperative to rethink current processes in light of the recent proposals...
FSA : consults on changes to the regulation and supervision of benchmarks
The Financial Services Authority (FSA) has proposed new rules and regulations for financial benchmarks. This follows the recommendations of the Wheatley Review of the...
FSA : consults on plans for temporary product intervention rules
The Financial Services Authority (FSA) is consulting on the approach the future Financial Conduct Authority (FCA) would take if it needed to exercise powers...
BIBA : alternative FSCS funding model to FSA
The British Insurance Brokers’ Association (BIBA) has proposed an alternative fairer structure for the Financial Services Compensation Scheme (FSCS) funding model, which has been...
BIBA : regulation clarifications welcomed but says cost and style must be proportionate
The British Insurance Brokers’ Association (BIBA) has welcomed further clarification from the Financial Services Authority (FSA) on the transition to the new regulator, the...
FSA : kick-back payments banned between discretionary investment managers and advisors
The Financial Services Authority (FSA) is consulting on a change to its adviser charging rules to ensure advisory firms do not receive any kick-back...
FSA : banns and fines £500,000 against former HBOS executive, Peter Cummings
The Financial Services Authority (FSA) has fined Peter Cummings £500,000 and banned him from holding any senior position in a UK bank, building society,...
Aria Assistance : independent Europ Assistance team rebrands to shake up UK and Ireland
Following recent authorisation by the FSA, the team behind the management buy-out of the UK and Ireland and International Health Solutions business of Europ...
Law Society : supports solicitors’ request for insurance broker commission details
The Law Society has published its 2012 PII Buyers’ Guide, which provides detailed guidance to all solicitors in choosing brokers and insurers when renewing...
FSA : regulatory fees and levies confirmed for 2012/13
The Financial Services Authority (FSA) has published a policy statement confirming its regulatory fees and levies for 2012/13.
On 2 February 2012 the FSA launched...
FSA : rules telling banks to display depositor compensation arrangements
The Financial Services Authority (FSA) will require all banks, building societies and credit unions to prominently display posters and stickers in branches and on...
Charter UK : Why is the Ministry of Justice not being clear about claims management companies?
Paul Clark CEO of Charter UK, a provider of enterprise complaint and feedback management software working closely with the banks comments on the fact...
FSA : Recovery and Resolution Plan (RRP) update
The Financial Services Authority (FSA) has published a feedback statement setting out the approach being taken by the FSA to ensure firms develop appropriate...
PPI remediation guideline “impossible”, warns Charter
The PPI remediation guidelines that have been issued by the FSA will be impossible for UK insurers and other financial institutions to achieve without...
FSA twin peaks date announced
The second of April 2012 has been outlined as a major milestone date in the regulatory reform programme for the Financial Services Authority (FSA)....
FSA wants £78m more funding
The Financial Services Authority (FSA) has announced it will require £78 million pounds more funding than it did last year, as it announces it's...
Two more fined in Greenlight Capital insider trading case
The FSA has fined two individuals in the latest update of the Greenlight Capital insider trading case. Alexander Ten-Holter and Casper Agnew were both...
