FSA

A Conservative peer has drawn parallels between the collapse of Arch cru and the Bernie Madoff scandal, stressing the need for the regulator to do more to protect consumers.

Outgoing Financial Services Authority (FSA) chief Hector Sants has claimed the run on Northern Rock could have been avoided if the central bank had taken on board his recommendations.

Advisers with clients in the suspended EEA Life Settlements Fund are to be offered an exit strategy following the Financial Services Authority's (FSA's) decision to ban the asset class for retail investors.

The Financial Services Authority (FSA) has fined investment firm Accendo Markets £56,000 after it failed to ensure its customers were suitable for high-risk products.

The Financial Services Authority (FSA) will release its final consultation paper on the platform market before the Olympics begins, Investment Week understands.

Members of the Treasury Select Committee have published a special review of the government's "defective" banking reforms, according to reports.

Firms who refer clients to restricted advisers for investment advice will not have their independence threatened after implementation of the Retail Distribution Review (RDR) rules, the FSA has confirmed.

Carbon credits are the latest asset class being targeted by financial services fraudsters, the Daily Telegraph has reported.

The Financial Services Authority (FSA) has warned investors against dealing with clones of Morgan Stanley and Allianz International.

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