News for July 2010

Remuneration Code 'has led to more demanding standards'

30 July 2010 at 13:35

The implementation of the Financial Services Authority''s (FSA''s) Remuneration Code has led to more demanding standards throughout the sector, the regulator has claimed.  Read more

FSA to update Remuneration Code

30 July 2010 at 13:33

The Financial Services Authority (FSA) is to update its Remuneration Code in accordance with the Capital Requirements Directive (CRD3) and the Financial Services Act 2010.  Read more

FSA comments on case of banned directors

29 July 2010 at 15:02

The Financial Services Authority (FSA) has commented on the case of the three directors of Simply Trading Group, who have been fined and banned for substandard practice.  Read more

FSA bans directors for substandard practice

29 July 2010 at 15:01

The Financial Services Authority (FSA) has today censured and banned the three directors of Simply Trading Group (STG) Limited from senior management positions for falling short of the regulator''s standards.  Read more

Northern Rock case 'will involve no further FSA action'

28 July 2010 at 15:17

The Northern Rock misreporting case, which has seen the Financial Services Authority (FSA) fine and ban a former director, will involve no further action.  Read more

FSA comments on former Northern Rock director

28 July 2010 at 15:10

The Financial Services Authority (FSA) has commented on the case of David Jones, former finance director of Northern Rock plc, who has been fined £320,000 for misreporting mortgage arrears figures.  Read more

Former Northern Rock director fined and banned by FSA

27 July 2010 at 15:47

The former director of Northern Rock has been fined and banned by the Financial Services Authority (FSA) for misreporting mortgage arrears figures.  Read more

Connaught undergoes second FSA investigation

27 July 2010 at 15:46

A second investigation into council house maintenance firm Connaught has been launched by the Financial Services Authority (FSA), according to reports.  Read more

FSA welcomes stress test results

26 July 2010 at 13:32

The Financial Services Authority (FSA) has welcomed the publication of the results of the EU-wide stress test exercise conducted by the Committee of European Banking Supervisors (CEBS).  Read more

Hoban to detail plans for FSA disbandment

26 July 2010 at 13:27

City minister Mark Hoban will today outline plans to disband the Financial Services Authority (FSA) over the next two years and answer questions regarding the role the regulator will play in the lead up to it.  Read more