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Showing 101 - 110 of 117 results for "FCA"

Ratings downgrade to trigger hybrid sell-off

MARK SMITH  |  THURSDAY, 25 SEP 2014
... $20 billion the equity hybrids, including the recent $2.6bn CBA hybrid PERLS VII. The UK's financial services watchdog, the FCA recently banned the issue of CoCos to retail investors while the EU equivalent, the EMA, has flagged it is likely to follow. ...

UK FCA to review social media guidelines

ALEX DUNNIN  |  WEDNESDAY, 10 SEP 2014
The UK Financial Conduct Authority (FCA) is conducting a review of how wealth groups use social media to promote their products following concerns that more regulatory clarity may be needed. The review which was launched last month and closes in November ...

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
... Guthrie as a consultant expert advisor to the panel. Currently she is the executive director of Financial Counselling Australia (FCA) and a member of the Australian Competition and Consumer Commission's Consumer Consultative Committee (ACCCCCC). Advisory ...

NZICA and ICAA members approve merger plans

MARK SMITH  |  MONDAY, 4 NOV 2013

AXA fined for poor advice in the UK

LAURA MILLAN  |  MONDAY, 16 SEP 2013
The UK Financial Conduct Authority (FCA) has imposed AXA a financial penalty for giving poor investment advice to NAB-owned banks in the UK. AXA will have to pay a fine of more than A$3 million to customers of NAB-owned Clydesdale Bank and Yorkshire ...

Macquarie loses court battle with ATO

JAMES FERNYHOUGH  |  FRIDAY, 6 SEP 2013
... obtaining the final relief they seek and the proceeding must, in consequence, be summarily dismissed pursuant to s 31A(2) of the FCA Act." This judgment will strengthen the government's attempt to toughen its stance on abuses of the OBU tax regime. In ...

NAB embroiled in £1.3 billion UK bank scandal

JAMES FERNYHOUGH  |  FRIDAY, 23 AUG 2013
... pay back customers after they mis-sold protection for identity theft and credit card fraud. The Financial Conduct Authority (FCA) yesterday announced that insurer Card Protection Plan Limited (CPP) and 13 banks, including Clydesdale, would have pay seven ...

New UK fin services watchdog polls public

ALEX DUNNIN  |  WEDNESDAY, 6 MAR 2013
... what information they'd like the regulator and the financial services industry to disclose. The Financial Conduct Authority (FCA), akin to ASIC in Australia, is one of the agencies created from the restuctured Financial Services Authority. The new structure ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 MAY 2011
The Australian stock market is tipped to open lower on Wednesday, following flat to lower performances by markets overseas overnight, and falls in the prices of precious metals and oil. At 0703 AEST on the ASX 24, the June share price index futures ...

Market Wrap - Morning

AAP  |  TUESDAY, 5 APR 2011
The Australian market has received mixed leads from offshore trading overnight, with Wall Street ending flat, and Europe and Asian markets closed mixed, as were key commodities. At 0733 AEST on the ASX 24, the June share price index futures contract ...