FSCS sets out how it can help some mini-bond investors
The Financial Services Compensation Scheme (FSCS) has announced that at least some of the people who invested with a mini-bond issuer firm will get compensation. Mini-bonds are not regulated by the [...]
Advisers still see regulation as their biggest risk
A study by Canada Life has demonstrated that the UK’s financial advisers still see compliance risk as their biggest risk area. However, perhaps the main message from the survey is [...]
Trade bodies PIMFA and FLA unveil their wishlists for the new parliamentary session
As a new parliamentary term commences, the financial services trade associations are wasting no time in seeking to ensure ministers are aware of the views held by the associations’ members. [...]
FCA chief lands Bank Governor role
The Financial Conduct Authority (FCA) is seeking a new chief executive after Andrew Bailey was announced as the new Governor of the Bank of England. His term of office will [...]
FOS consults on its Plan and Budget
The FOS is consulting on its Plan and Budget for the 2020/21 financial year. The headline proposal is to change the funding model. Instead of the existing 50/50 balance between [...]
FCA imposes first fines on CMCs
A London-based firm has acquired the dubious honour of becoming the first claims management company (CMC) to be subject to enforcement action since the Financial Conduct Authority (FCA) took over [...]