FSA

The Association of Independent Financial Advisers (AIFA) has called for the FSA to be accountable over its intervention into the traded life settlement investment market, which the trade body said has caused "real consumer detriment".

Royal Bank of Scotland chief executive Fred Goodwin's alleged affair had no impact on the downfall of the bank, the Financial Services Authority has decided.

Royal Bank of Scotland(RBS) nearly collapsed in 2008 because of poor management, inadequate regulation and a flawed supervisory system, a Financial Services Authority report published today says.

Regulators should have greater powers to block hostile bank takeovers in order to avoid a crisis like the one that forced Royal Bank of Scotland(RBS) to accept a £45bn taxpayer bail-out, the chairman of the FSA will say on Monday.

HSBC has announced it will take responsibility for all customers mis-sold investment products by NHFA, a care fees advice business it acquired in 2005.

The Financial Services Authority (FSA) has warned investors against dealing with a clone of asset manager GAM.

The FSA has fined Integrated Financial Arrangements plc, which offers the Transact platform, £3.5m for failings in relation to its protection of client money over an eight-and-a-half year period.

The Financial Services Authority (FSA) is to conduct a review into the sale of unregulated collective investment schemes (UCIS) early next year.

The FSA has fined HSBC £10.5m for inappropriate investment advice provided by one of its subsidiaries, NHFA Limited (NHFA), to elderly customers.

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