Regulation

Bankers could see bonuses capped at twice their basic pay and forced to return "golden hellos" if they fail to perform, under draft European rules being drawn up.

The Financial Services Authority (FSA) has fined Coutts & Company £8.75m for failing to take reasonable care to establish and maintain effective anti-money laundering (AML) systems and controls.

The Financial Services Authority (FSA) is readying at least one 'mega fine' in the next three months as figures show it raised significantly less than usual in the first quarter of 2012.

Prudential has been forced on the defensive over an e-mail sent to thousands of staff in which a senior executive appears to make a series of disparaging remarks about FSA policies.

The FSA is to look into charges levied by UK fund management groups after its head of investments policy queried why they have been rising in recent years.

Former directors of failed banks could be banned from taking lucrative jobs in the City under plans being drawn up by the regulator.

The Financial Services Authority is to explore changes to the client assets regime in the wake of the Lehman Brothers collapse.

Allen Stanford, the financier convicted of running an estimated $7bn Ponzi scheme, has called for a new trial, blaming the media's use of Twitter in the courtroom and a lack of time to prepare his defense.

The Financial Services Authority (FSA) has won a £32m judgment against the individuals behind three land banking operations, although it has warned investors are unlikely to recover most of the money.

Life settlements fund EEA has written to shareholders of the suspended traded life policy investments (TPLI) fund, ahead of an FSA consultation on the asset class.