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The Financial Services Authority (FSA) recently demonstrated its toughened stance against illegal insider dealing in its prosecutions against Malcolm Calvert and his accomplice, Bertie Hatcher.
Facts
Mr...
Mortgage arrears handling
The Financial Services Authority has published proposals to strengthen existing rules on arrears handling.
The key arrears proposals:
Make plain that firms must not add early repayment charges...
FSA findings of market abuse upheld
The Financial Services and Markets Tribunal (FSMT) published a decision on 11 January 2010 which upheld findings made by the Financial Services Authority (FSA) on market abuse by a research analyst and...
Mortgage review
The FSA has published proposals for the major reforms required in the UK mortgage market to ensure that it works better for consumers and is sustainable for all market participants.
The proposals, published...
New retail banking conduct regime now in force
The FSA implemented its new retail banking conduct regime on 1 November 2009. It will apply to UK authorised banks, building societies, e-money issuers and credit unions.
The FSA now has the responsibility...