06/19/2019

Swansea IFA suspended by FCA

Members of the BSPS were asked to decide what to do with their pensions as part of a restructuring process in 2017.

06/18/2019

FSB publishes compensation progress report

Authorities remain focused on compensation practices, with many now incorporating assessment of compensation practice as part of ongoing supervisory review processes.

06/18/2019

FCA writes to wealth managers over fraud concerns

The regulator says supervision began in April and will cover a two-year period focusing in on market abuse issues and further concerns around meeting Mifid II disclosure requirements.

06/18/2019

Fraud activity rising 'inexorably'

In data collated from more than 470 organisations, Cifas reported an overall increase of 6 per cent in cases of fraud recorded by its members last year when compared with 2017.

06/17/2019

AfDB Grants Ireland Membership Status

The Boards of the AfDB and AfDF, referred to as the “Bank Group”, encouraged the speedy conclusion of all processes towards the admission of Ireland.

06/17/2019

Bank to hold rates steady as growth falters

Ben Broadbent, deputy governor for monetary policy, and fellow MPC member Michael Saunders, told MPs on the Treasury Select Committee that financial markets are not pencilling in rate hikes soon enough.

06/17/2019

Banks face new challenges in Italian diamond scandal

In a new development, officials from UniCredit and Banco BPM are also suspected of corruption because broker Intermarket Diamond Business (IDB) invested some of its profits from the diamond sales in the banks' shares, according to evidence gathered b