News for June 2010

FSA: Enhancing trust key to retail investment market

30 June 2010 at 16:36

Trust between customers and advisers must be boosted if the retail investment market''s future is set to enjoy a prosperous future, according to the Financial Services Authority (FSA).  Read more

FSA publishes retail investment qualifications list

29 June 2010 at 16:36

The Financial Services Authority (FSA) has published its final list of the qualifications that retail investment advisers need to pass before the start of 2013.  Read more

CCCS welcomes FSA mortgage compliance standards

28 June 2010 at 16:36

New efforts to improve standards of mortgage compliance among firms have been welcomed by the Consumer Credit Counselling Service (CCCS).  Read more

FSA: Sale and rent back customers must be protected

25 June 2010 at 16:36

Customers involved in sale and rent back (SRB) must be protected, according to the Financial Services Authority (FSA), which has unveiled tighter controls to achieve this.  Read more

FSA demands 'tough standards' from firms

25 June 2010 at 16:36

The Financial Services Authority (FSA) has demanded tough standards from firms by setting out rules to ensure there is proper protection in place for vulnerable customers in arrears on their mortgages or entering sale and rent back (SRB) agreements.  Read more

Regulators 'must stand their ground'

24 June 2010 at 16:36

Following the winding down of the Financial Services Authority (FSA), it is essential that any newly-formed regulators "stand their ground" and ensure that conduct is upheld in the sector.  Read more

FSA hosts annual public meeting

24 June 2010 at 16:36

The Financial Services Authority (FSA) is hosting its annual public meeting today (June 24th) , where chief executive Hector Sants has discussed the proposed regulatory changes announced by the Chancellor of the Exchequer in his Mansion House speech on June 16th.  Read more

FSA publishes mortgage lending figures

23 June 2010 at 16:36

Mortgage lending data for the first quarter of this year has been published by the Financial Services Authority (FSA).  Read more

FSA issues comment on Vantage case

22 June 2010 at 16:36

The Financial Services Authority (FSA) has issued comment on the case of Vantage Capital Markets LLP, which has been fined £700,000 for failing to prevent an individual from performing a function without obtaining FSA authorisation.  Read more

Vantage fined £700k for FSA authorisation failings

22 June 2010 at 16:36

The Financial Services Authority (FSA) has fined Vantage Capital Markets LLP (Vantage) £700,000 for failing to prevent an individual from performing a function without obtaining FSA authorisation for more than four years.  Read more