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Finance Markets (Free subscription) | 8 hours ago
The Financial Services Authority’s (FSA) chief executive is calling for ethical behaviour within the financial world. Hector Sants, chief executive of the City regulator, said he is “unconvinced” that top executives have accepted the need to change and operate in a different manner following the financial crisis that rocked the world. In a speech...
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Mondo Visione (Free subscription) | 11/06/2009
The Financial Services Authority (FSA) has today set out its new prudential regime for personal investment firms (PIFs) to ensure that they are better capitalised to withstand any future financial shocks.
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Times Online (Free subscription) | 11/04/2009
A jury at Southwark Crown Court yesterday convicted Neel and Matthew Uberoi, a dentist and his son, of offences of insider dealing. The case was been brought by the Financial Services Authority. The case is one of a number that raise important questions about how many prosecution agencies we should have and to what extent the powers of such prosecutors should be limited or regulated....
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Bloomberg (Free subscription) | 11/07/2009
Nov. 7 (Bloomberg) -- U.K. Prime Minister Gordon Brown said the Group of 20 nations should consider measures such as taxing financial transactions to penalize excessive risk taking and limit the burden on taxpayers of bank failures.
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Times Online (Free subscription) | 11/03/2009
The FSA recruits up to 60 university-leavers each year. Most join the main graduate development programme, a rotational scheme that includes three one-year placements in different parts of the organisation and an external secondment to either an investment bank, law firm, fund manager or professional services firm. The FSA also has vacancies for graduates keen to specialise in economics, actuarial...
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Green Gem IFA Blog (Free subscription) | 11/03/2009
'End game' near for final salary pensions The "end game" for final salary or defined-benefit pensions is rapidly app-roaching, the EEF, the manufacturing employers' association, said yesterday as its latest annual survey showed a continuing fall in the number of schemes... Splitting banks will backfire, warns FSA boss Lord Turner, chairman of the Financial Services Authority,...
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Loan & Finance Blog (Free subscription) | 11/02/2009
The Financial Services Authority has announced new regulations with regards to the treatment of customers by banks in the UK, with the aim being to make banks treat their customers more fairly. The UK’s financial regulator has ruled that from now on any communication with customers by banks will have to be fair and not [...]
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News-Insurances (Free subscription) | 11/02/2009
Following months of lobbying, the British Insurance Brokers’ Association (BIBA) has received confirmation from the Financial Services Authority (FSA) that a review of the financial services compensation scheme (FSCS) will be carried out. The review, which was confirmed following a meeting last week between BIBA and the FSA, is the result of ongoing lobbying...
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DealBreaker (Free subscription) | 9 hours ago
The banks that stayed afloat with billions in government bailout money are laughing, well, all the way to the bank. And Britain's top financial services regulator says that's got to change. "There remains, I believe, an absence of the acceptance of collective responsibility for what has happened," Hector Sants of the Financial Services Authority opines...
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Financial Times (Free subscription) | 11 hours ago
Chief executive of the Financial Services Authority warned that bank bosses have yet to learn the lessons of the crisis in a speech in which he outlined the need for a strong financial services supervisor
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Times Online (Free subscription) | 10 hours ago
Regulators will veto the appointment of senior bankers who are deemed not ethical enough, the Financial Services Authority (FSA) it announced today.
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The Telegraph (Free subscription) | 8 hours ago
Hector Sants announced an ambitious attempt to regulate the City's highrolling culture in an effort to change the behaviour of an industry where he said there is still "an absence of collective responsibility" for the financial crisis.
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The Observer (Free subscription) | 10 hours ago
• City has not accepted responsibility for crisis, says FSA chief • Hector Sants attacks Conservative plans to disband regulator The City regulator has called today for cultural change across the City, putting the onus on top executives to ensure their employees behave ethically in the wake of the banking crisis. In a speech to a City audience, Hector Sants, chief executive of the Financial...
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Mondo Visione (Free subscription) | 11/06/2009
The Financial Services Authority (FSA) yesterday took action against two individuals and seven businesses suspected of involvement in ‘boiler room’ share fraud activity.
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The Telegraph (Free subscription) | 7 hours ago
By , Crime CorrespondentPublished: 9:00PM GMT 09 Nov 2009All telecoms companies and internet service providers will be required by law to keep a record of every customer's personal communications, showing who they are contacting, when, where and which websites they are visiting. Despite widespread opposition over Britain's growing surveillance society, 653 public bodies will be given access...
