Financial Conduct Authority (FCA)

702 results about this entity

Period: 02 Sep 2004 - 23 May 2024

Investment managers call for urgent UK reform following Lehman 'chaos'

The UK's Investment Manager's Association has called for urgent reform of stock trading and settlement rules after the 'chaos' inflicted on the markets by an escalation in failed trades following the overnight collapse of Lehman Brothers.

FSA probe raises the bar for financial comparison Web sites

A Financial Services Authority (FSA) review of insurance comparison Web sites has found that many sites have made significant improvements and are consistently providing clear, fair and not misleading information, but some firms need to go further to address a few specific concerns.

Chi-X Europe gets FSA approval for proximity-based sponsored access

Multi-lateral trading facility Chi-X Europe says its trading participants can now provide their clients with a "sponsored access" direct connection to its matching engine after the Financial Services Authority (FSA) approved the move.

CFTC and FSA to lead commodities task force

The US Commodity Futures Trading Commission (CFTC) and the UK's Financial Services Authority (FSA) will head up a task force - established by the technical committee of the International Organisation of Securities Commission (IOSCO) - that will examine regulation of the commodities markets.

FSA fines mortgage lender £1.12m

The UK's Financial Services Authority (FSA) has fined mortgage provider GE Money Home Lending £1.12 million for systems and controls failings which resulted in hundreds of customers losing money.

Autonomy looks to cash in on FSA call recording regulations

Software house Autonomy is pitching for business from firms looking to comply with upcoming Financial Services Authority (FSA) regulations requiring them to record and store telephone conversations and electronic communications relating to client orders.

Stretched back offices win reprieve as FSA warns banks on staff cuts

The Financial Services Authority has warned UK investment banks to improve their risk pricing procedures and stop firing middle and back office staff involved in crucial valuation control functions.

Apcims challenges FSA on data security and MiFID

The UK's Association of Private Client Investment Managers and Stockbrokers (Apcims) is using the Financial Services Authority's (FSA) AGM to raise concerns about changes to existing data security measures and about the management of post-trade data following the implementation of MiFID.

Citi in dialogue with FSA over AML issues for UK affluents

Citibank's International Personal Bank has temporarily closed its doors to new UK business while the Financial Services Authority runs the rule over its anti-money laundering procedures.

FSA fines stockbroker Merchant Securities for slack security

The UK's Financial Services Authority (FSA) has hit stockbroker Merchant Securities with a £77,000 fine for failing to protect customers from the risk of identity fraud.

ICE secures FSA approval for UK clearing house

US market operator IntercontinentalExchange (ICE) has received regulatory approval to establish its own clearing operation in London.

FSA warns on 'misleading' insurance comparison sites

The UK's Financial Services Authority (FSA) has warned that some insurance comparison Web sites could be misleading customers by failing to provide clear and accurate information.

FSA chides financial institutions for data security lapses

The Financial Services Authority has warned UK institutions to improve their data security practices after a review of systems and controls at 39 firms uncovered slipshod practices at banks, building societies, insurance companies and financial advisers.

HSBC customer data lost in transit

HSBC says a computer disc containing the confidential personal details of around 370,000 UK life assurance customers has gone missing.

FSA warns on rogue trader risks

The UK's Financial Services Authority (FSA) is calling on City banks to tighten up systems and controls in order to prevent a repeat of the rogue trading scandal at French bank Société Générale.

FSA to introduce call recording regulations

UK financial institutions will soon have to record and store telephone conversations and electronic communications relating to client orders under new regulations to be introduced by the Financial Services Authority (FSA).

Turquoise hires former LSE compliance manager Werner

Bank-backed equities trading venue Turquoise has added Ian Werner - a former compliance and investigations manager at the London Stock Exchange (LSE) - to its senior management team.

Watchdog to probe insurance comparison sites

The UK's Financial Services Authority (FSA) is set to review the regulation of insurance comparison sites amid concerns that current rules do not adequately protect customers.

FSA fines Norwich Union Life £1.26m for slack security

The UK's Financial Services Authority has fined insurer Norwich Union £1.26 million for failing to protect confidential customer data - including bank account information - from fraudsters.

FSA warns on misleading Internet advertising

One in four promotional Web sites operated by financial services firms fail to present information in a "fair, clear and not misleading way", says the UK's Financial Services Authority (FSA) following a review of advertising on investment sites.