FCA

The Serious Fraud Office (SFO) has charged two former brokers at RP Martin Holdings Limited with offences of conspiracy to defraud in connection with the investigation into LIBOR manipulation.

The head of the Financial Conduct Authority (FCA) has revealed details of its thematic review into the £902bn unit-linked funds sector - and said it is also looking into the annuity market.

The Financial Services Authority handed out fines totalling more than £400m in the last year before it was overhauled, a huge jump from previous years amid mammoth fines for banks over LIBOR failings.

Regulatory reform costs of the former regulator, the Financial Services Authority (FSA) more than doubled in the last year of its operation and could in future be levied on firms, the FSA annual report has revealed today.

Staff costs at the regulator were £15.4m higher than budgeted for following its decision to make a one-off contribution of £22m to reduce its defined benefit pension scheme deficit.

Financial Conduct Authority chief executive Martin Wheatley received a remuneration package of £650,000 last year, it has been revealed.

The Financial Conduct Authority (FCA) is going in the right direction to becoming a "genuinely different" regulator and will put greater emphasis on competition, its chief executive Martin Wheatley has said.

The government plans to scrap what it has branded the "failed" approved person regime in financial services and replace it with a new senior persons regime.

Advice from retail investment advisers on shares, derivatives and other investment products that are not classed as retail should be included in the regular complaints reports the Financial Conduct Authority (FCA) receives from firms, the FCA has said....

The Financial Conduct Authority (FCA) is set to examine wealth managers' and private banks' business models as it establishes a new division to scrutinise the sector.