The Financial Ombudsman Service (FOS) plans to freeze the levy it collects from firms and cut its budget by 20% over the coming year.
Some of the UK's largest asset managers could face more onerous financial requirements after regulators unveiled proposals to subject fund giants to greater scrutiny.
Treasury committee chairman Andrew Tyrie has called on the regulator to scrap the "fundamentally flawed" approved persons regime for advisers and instead align the sector with standards being introduced for the banking industry.
The Financial Conduct Authority (FCA) has been grilled by MPs over its decision to approve the appointment of Paul Flowers to chair the Co-operative bank back in 2010.
The Financial Conduct Authority (FCA) has appointed ex-Kleinwort Benson chief executive Robert Taylor as head of wealth management and private banking in its supervision division.
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have launched an investigation into failures at the Co-operative Bank which led to its recent £1.5bn rescue.
A fraud case brought by the Financial Conduct Authority (FCA) was dealt a lifeline by the Legal Aid Agency (LAA) after it 'declassified' the high cost case to attract barristers who initially refused to represent the defendants on recently reduced fees....
The High Court has ordered three companies involved in a £3.2m scam selling carbon credits into liquidation following an investigation by the Insolvency Service.
Investment group Hartmann Capital is set to wind up after the FCA prohibited it from carrying out regulated business due to a £1.5m client money shortfall.
The Financial Conduct Authority (FCA) has warned investors about potential scams involving the sale of graphene.