12/04/2013
The FCA's focus on integrity and in particular investment managers - Withers
On 14 November 2013 the FCA’s chief executive gave a speech which focused on conduct and ethics within firms, which he said poses significant challenges for investment managers in particular.
12/04/2013
Manx Court Rules on Bank Confidentiality
Some 140 bank customers could be affected by a Manx high court ruling on tax disclosure with the Irish Revenue.
12/03/2013
Just under a third of compliance functions in surveyed UK asset management firms have staff who sit with the rest of the business,
12/03/2013
The cartels operated in markets for financial derivatives, which are products used to manage the risk of interest rate movements.
12/02/2013
Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by the FCA.
12/02/2013
An EU accord includes a finding of liability that can be used in civil cases.
12/01/2013
Wealth Adviser Guilty of Murdering Client and £343k Fraud
A financial adviser has been found guilty of murdering a client and defrauding him of £343,000.
12/01/2013
The European Securities and Markets Authority said Fitch, Moody’s and Standard & Poor’s gave junior staff responsibility for sovereign ratings and had “inadequate” procedures in place to ensure market sensitive.
11/30/2013
FCA Faces Calls for More Disclosure on Currency-Rigging
The trade group wrote to the Financial Conduct Authority in recent weeks, asking how it should respond to clients’ inquiries about whether currency markets are being rigged.
11/28/2013
Both the U.S. and Switzerland are eager to draw a line under a probe into undeclared money wealthy Americans have stowed in tax havens.
11/28/2013
Financial Conduct Authority to appoint independent professional to review allegations that RBS mistreated small business customers
11/27/2013
The Financial Conduct Authority has signalled that it may look to crack down on clauses within mortgage contracts
11/27/2013
In the UK, FNZ powers the wealth platforms for a significant portion of the market including Standard Life, AXA, Zurich, Friends Life, Close Brothers, JPMorgan Asset Management and HSBC.
11/27/2013
The Association of Professional Advisers has called for the Financial Conduct Authority to do more to ensure advisers with a history of bad practice
11/27/2013
The regulator will now aim to publish its proposals for the minimum cash reserves SIPP providers will be required to hold within the first half of next year.
11/26/2013
The UK Financial Conduct Authority is scrutinising how prices are set in the $20 trillion gold market.
11/26/2013
Memorandum of understanding signed with German financial services regulator
11/26/2013
A third of major UK asset management firms do not have sufficient internal resource to manage their firm’s regulatory risk
11/26/2013
The paper added that the agency is assessing whether there was any criminal activity or whether the bank was engaging in lawful.
11/26/2013
The vote on the tie-up was expected to take place by November 14 but hit delays, thought to stem from McKenna Long partners.