FCA

Non-exec directors at the Financial Conduct Authority (FCA) have appointed Simon Davis, a partner at Clifford Chance, to conduct an independent inquiry into the handling of its proposed investigation into life insurance contracts.

Eleven things you need to know about the FCA's cost of advice probe

AIFMD

Nearly three quarters of firms are still failing to show clients the true cost of advice, following a "wake-up call" FCA review which has already put two firms at risk of enforcement action.

The Financial Conduct Authority (FCA) is to leave its Canary Wharf base in favour of the redeveloped Olympic Park in Stratford, east London.

The FCA may face legal action from institutional investors after its disclosure of a probe into closed-book insurance policies, according to the Financial Times.

Chancellor George Osborne has written to the chairman of the Financial Conduct Authority (FCA) criticising the regulator for its "damaging" behaviour in releasing details of its investigation in to insurance policies before a formal announcement.

The Financial Conduct Authority has proposed a sizeable hike in annual funding requirements for asset managers in 2014/15 due to the cost of AIFMD implementation.

Financial advisory businesses will contribute £68m to the Financial Conduct Authority's funding requirement for 2014-2015, a near-19% reduction on last year following a re-working of the regulator's fee blocks.

The Financial Conduct Authority (FCA) is to review the suitability of investment advice as part of its 2014-2015 supervisory work.