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Showing 11 - 20 of 70 results for "Financial Services Authority"

New UK fin services watchdog polls public

ALEX DUNNIN  |  WEDNESDAY, 6 MAR 2013
... Conduct Authority (FCA), akin to ASIC in Australia, is one of the agencies created from the restuctured Financial Services Authority. The new structure is essentially a 'twin peak' model very similar to Australia's, consisting of the Bank of England's ...

We'll hunt down commission 'work around': FSA

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
... wealth management business models unable to adapt to a fee for service culture. The regulator, the Financial Services Authority (FSA), said it is aware that some wealth firms are planning to get around the commission ban with restructured remuneration ...

Barclays announces new CEO amid new investigation

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
... total package as equating to a 25% reduction on Diamond's. The SFO investigation picks up from a Financial Services Authority (FSA) announcement in June that it was looking into payments made by the British bank under agreements with Qatar Holding LLC ...

UK to ban exotic retail investment products

ALEX DUNNIN  |  THURSDAY, 23 AUG 2012
The UK regulator, the Financial Services Authority (FSA), looks set to ban the promotion of exotic investment products to retail investors, following the release of a consultation paper that said the product class should be restricted to sophisticated ...

UK launches bank probe amid Libor scandal

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
... to have manipulated to make profits appear healthier. The bank was fined AU$451 million by the UK Financial Services Authority last week following an investigation into bank lending rates. HSBC, RBS, UBS and Citigroup are also being investigated in connection ...

Barclays fined $A451 million

BEN COLLINS  |  THURSDAY, 28 JUN 2012
... They are fundamental to the operation of both British and international financial markets, the UK Financial Services Authority (FSA) said. The FSA's acting director of enforcement and financial crime, Tracey McDermott, said Barclays' misconduct had been ...

UK to ban platform payments

ALEX DUNNIN  |  THURSDAY, 28 JUN 2012
Payments to platforms from service providers are set to be banned in the UK by the Financial Services Authority (FSA), triggering reactions that the reforms would shift $30 million in costs directly onto consumers. The proposals are contained in a discussion ...

Regulators chase social media

ELISE BURGESS  |  FRIDAY, 11 NOV 2011
... Exchange Commission (SEC) that investment advisers document of their use of social media while the UK's Financial Services Authority (FSA) released a similar statement. In 2010, FSA released a brief summary of a review of Facebook and Twitter use by ...

BBC denies trader a hoax interview

RACHEL DAVIS  |  THURSDAY, 29 SEP 2011
... immoral." UK newspaper, The Daily Telegraph, reported that Rastani is not registered with the UK Financial Services Authority and owns a 99% share of a public speaking company called Santoro Projects. Rastani told The Daily Telegraph that the BBC had ...

UBS $2bn rogue trader in custody

RACHEL DAVIS  |  FRIDAY, 16 SEP 2011
... their employees," said police commander Ian Dyson. Finma, the Swiss banking regulator and the UK's Financial Services Authority (FSA) have already been in contact with UBS. "UBS immediately informed us. We have taken note of the case and we are in close ...