Regulation
UK
The Investment Management Association (IMA) has confirmed it is leading efforts to shore up troubled Keydata-backer Lifemark, as part of a bid to recoup the fund management sector's £233m FSCS bill.
21 February 2011
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3 min read
Financial services
The Treasury has confirmed the RDR will not impact upon the ability of firms based in Europe to advise clients in the UK, although it insists the use of passporting to evade regulation will not be permitted.
18 February 2011
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Bonds
New banking regulations could mean bondholders will be forced to absorb the losses of failing institutions, according to Standard Life Investments' Andrew Fraser.
02 February 2011
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Investment
Liontrust must stump up £415,000 for its contribution to the FSCS levy, a near 2000% increase on last year, as the industry continues to pay the cost of a series of investment firm failures.
02 February 2011
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1 min read
Wealth managers
The FSA has fined a former research analyst £50,000 for making misleading and inaccurate disclosures to clients through Bloomberg instant messenger.
13 January 2011
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Economics
Banks on a worldwide scale will be forced to shore up cash levels if their nation is on the brink of a credit bubble, according to new developments under the Basel III reform package.
11 January 2011
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Financial services
The Treasury and the FSA are proposing to extend the regulator's powers to discipline firms who flout EU regulations or decisions made under UCITS IV.
22 December 2010
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1 min read
Wealth managers
A former Deloitte Tax partner and his wife have been charged with insider dealing by the SEC in the US as part of a joint investigation with the FSA.
01 December 2010
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