News for May 2010

London adviser fails to meet FSA compliance

28 May 2010 at 16:37

The Financial Services Authority (FSA) has cancelled a London adviser''s permission to carry out regulated activities after he failed to pay fees.  Read more

IFAs 'responsible for 2% of complaints'

27 May 2010 at 16:37

Independent Financial Advisers (IFAs) were responsible for only two per cent of the complaints received by the Financial Ombudsman Service (FOS) in 2009-10, according to the latest reports.  Read more

SVB applies for FSA authorisation

27 May 2010 at 16:36

US lender Silicon Valley Bank (SVB) has applied for Financial Services Authority (FSA) authorisation in order to boost its operations in the UK.  Read more

Rehiring 'inconceivable' after FSA ban

27 May 2010 at 16:36

Receiving a lifetime ban from the Financial Services Authority (FSA) makes it almost "inconceivable" that anyone would want to hire the person again, the regulator has said.  Read more

New FSA guidelines 'relevant to all sectors'

26 May 2010 at 16:37

New guidelines issued by the Financial Services Authority (FSA) which warn commercial brokers about the dangers of having holes in their systems are relevant to firms in all sectors, the regulator has warned.  Read more

FSA vetting 'changing City life'

26 May 2010 at 16:37

The Financial Services Authority''s (FSA''s) new, more involved approach in issuing or refusing FSA authorisation is making big waves in the City, according to one source.  Read more

HSBC appointment 'may attract FSA attention'

26 May 2010 at 16:37

The rumoured appointment of a new HSBC chairman is likely to attract the attention of the Financial Services Authority (FSA), it has been claimed.  Read more

LCH.Clearnet SA recognised for FSA compliance

26 May 2010 at 16:36

An independent clearing house group is celebrating after receiving recognition from the Financial Services Authority (FSA) for its compliance.  Read more

FRC makes financial services compliance appointment

25 May 2010 at 16:37

The Financial Reporting Council (FRC) has appointed a new chairman for its Corporate Governance Committee.  Read more

FSA prevents banker from joining Nomura

25 May 2010 at 16:37

A banker who attempted to join Japanese bank Nomura has had his move blocked by the Financial Services Authority (FSA).  Read more