The FSA has fined Ravi Shankar Sinha, the former CEO of JC Flowers & Co UK, £2.867m for fraudulently obtaining £1.367m for himself from a company owned by a private equity fund advised by JC Flowers by means of a fictitious invoicing scheme.
Investment Week |
31 Jan 2012
Hector Sants, chief executive of the Financial Services Authority (FSA), has apologised to MPs for the failure of the Royal Bank of Scotland which led to the multi-billion pound bailout of the bank.
Investment Week |
31 Jan 2012
The alleged rogue trader at the heart of a multi-billion pound fraud investigation has pleaded not guilty to two charges of false accounting and two of fraud.
Investment Week |
30 Jan 2012
James Budden, marketing director at Baillie Gifford, explains the cost benefits of global growth investment trusts.
Investment Week |
27 Jan 2012
The FSA will release a platform consultation paper within the next couple of months setting out draft rules on rebates and regulations for execution-only platforms, after Deloitte completed its research into the sector.
Investment Week |
25 Jan 2012
Investors cannot be counted on to make rational choices so regulators need to "step into their footprints" and limit or ban the sale of potentially harmful products, the head of the UK's new consumer protection watchdog said.
Investment Week |
25 Jan 2012
The FSA has launched a consultation on regulations for hedge funds and private equity firms that will form the basis for tough new rules on pay.
Investment Week |
25 Jan 2012
A blanket ban on traded life policy (TLP) investments would amount to “overkill” and could hamper the UK’s ability to compete in global markets, according to SL Investment Management (SL).
Investment Week |
23 Jan 2012
Invesco Perpetual head of distribution Ian Trevers talks to Katrina Lloyd about the group’s post-RDR strategy, how to navigate difficult markets and the thorny issue of Neil Woodford’s succession plans.
Investment Week |
23 Jan 2012
The Financial Services Authority (FSA) should as a matter of urgency retract its references to traded life policies (TLPs) as "toxic", said EEA Fund Management.
Investment Week |
18 Jan 2012
FSA rules around legacy assets are “unclear” and “incomplete” and could result in less transparency for consumers, according to the Investment Management Association (IMA).
Investment Week |
17 Jan 2012
The Treasury Select Committee (TSC) today highlights the FSA’s swift dismissal last year of a proposal to delay the introduction of RDR as evidence of accountability and culture failings at the regulator, and said the same problems must not "plague" its replacement, the Financial Conduct Authority (FCA).
Investment Week |
13 Jan 2012
Fsa
