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Showing 41 - 50 of 70 results for "Financial Services Authority"

Doors open for new ETFs

MICHELLE BALTAZAR  |  TUESDAY, 17 MAR 2009
... press statement, the bank said it is now in talks with HM Treasury and UK's financial regulator, the Financial Services Authority (FSA), about potentially joining the Government's Asset Protection Scheme. The consensus among industry commentators is ...

Pearce backs TCF policy

MICHAEL HOBBS  |  FRIDAY, 6 MAR 2009
... principle forms a "central to the delivery of our retail regulatory agenda" according to the UK based Financial Services Authority website. In its UK form the principle contains six outcomes which aim to guarantee that products and services sold in the ...

ASIC extends short selling ban till March

MICHAEL HOBBS  |  THURSDAY, 22 JAN 2009
... which lifted its shorting ban last week. The regulator is concerned about lifting the ban after the Financial Services Authority (FSA) in UK lifted its ban on 16 January inline with other markets and coincided with a rise in market volatility. ASIC said ...

More pain for insurance firms

RUTH LIEW  |  FRIDAY, 24 OCT 2008
... Compounding the problem is an expected tightening of insurance regulation by governing bodies such as the Financial Services Authority in the UK. "There will be shortage of capital, not driven by windstorms or [natural disasters] but driven by asset ...

AIMA and IFSA respond to temp shorting ban

MICHELLE BALTAZAR, MICHAEL HOBBS  |  MONDAY, 22 SEP 2008
... ASIC's haste to ban all short selling. The Securities and Exchange Commission in the US (SEC) and Financial Services Authority in the UK (FSA) are only banning naked short sales and restricting other forms of short selling in a limited number of financial ...

ASIC tightens short-selling rules

MICHELLE BALTAZAR  |  MONDAY, 22 SEP 2008
... equities effective today. It took less than 24 hours after the UK's financial services regulator, the Financial Services Authority (FSA), announced a three-month ban on shorting UK-listed financial stocks that ASIC followed suit with its own set of new ...

Greater fool with no shorts

BENJAMIN ONG  |  MONDAY, 22 SEP 2008
... severely on hedge funds. Just in the UK, for instance, a number of hedge funds are planning to sue the Financial Services Authority claiming that it did not have the proper authority to curb short-selling, which cost the funds million of pounds. It is ...

No more short cuts

MICHELLE BALTAZAR  |  FRIDAY, 19 SEP 2008
... on short-selling to thwart speculators from causing more global shares bloodbath. In London, the Financial Services Authority (FSA) has added new rules to its Code of Market Conduct banning "the active creation or increase of net short positions" in ...

HBOS surrenders to Lloyds TSB

WWW.THESHEET.COM  |  THURSDAY, 18 SEP 2008
... banks, with Lloyds TSB close to finalising terms for a takeover of HBOS. Britain's government and Financial Services Authority are encouraging the merger, according to BBC, Financial Times and subsequent reports, and they will act to ensure that competition ...

Credit Suisse slapped with $12m fine

RUTH LIEW  |  FRIDAY, 15 AUG 2008
Investment banking giant Credit Suisse has been fined $12 million by the UK's Financial Services Authority for repricing certain asset-backed securities. According to a statement released by the FSA, Credit Suisse was fined $12 million for "failing ...