FSA

The Financial Services Authority and Arch cru investors are caught in a 'Catch 22' deadlock over the release of information about Capita's role in the run up to the funds' suspension.

The Financial Services Authority (FSA) has said it is possible no-one is responsible for Arch cru investors' losses.

The FSA's Guidance Note on establishing a customer's risk tolerance and the suitability of recommendations identified a number of serious shortcomings in the processes of many advisers.

Prudential executives are set to be interviewed in the coming days as part of an FSA probe into the insurance giant's failed takeover bid for AIA.

The Financial Services Authority (FSA) has restarted its review of Financial Services Compensation Scheme (FSCS) funding, with a view to formally consult in the first half of 2012.

Lord Adair Turner, the head of the FSA, last night launched an outspoken attack on the banks, claiming their ability to create credit and money is ‘potentially dangerous'.

The FSA today said it "welcomed" the government's intention to give regulators new powers to publicise when a warning notice has been issued against a firm, but claimed the powers do not go far enough.

The FSA and the Swiss Financial Market Supervisory Authority (FINMA) are launching an independent investigation into the events surrounding the huge trading losses incurred by UBS, allegedly as a result of the actions of 'rogue trader' Kweku Adoboli....

Three years on from the collapse of Lehman Brothers, Laura Miller revisits the shocking events and asks if any lessons have been learned.

Home secretary Theresa May has written to the Financial Services Compensation Scheme about its decision to compensate some Lehman-backed NDFA structured products but not others.