The Financial Services Authority(FSA) is the regulator of the financial services industry in the UK.

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FSA Requires Action of the HSBC Group

HSBC Canary Wharf

The Financial Services Authority (FSA), as lead regulator for the HSBC Group globally, is taking action in relation to issues in respect of HSBC’s compliance with anti-money laundering rules and US sanctions requirements.

BlackRock Fined £9.5m For Client Money Breaches

FSA Logo

The Financial Services Authority (FSA) has fined BlackRock Investment Management (UK) Limited (BIM) £9,533,100 for failing to protect client money adequately by not putting trust letters in place for certain money market deposits, and for failing to take reasonable care to organise and control its affairs responsibly in relation to the identification and protection of client money.

Ex-Dresdner Kleinwort Banker Gets 40 Months in Jail

Prison Bars

In a case brought by the Financial Services Authority (FSA) and heard at Southwark Crown Court, Confiscation Orders (the Orders) totalling £1,534,000 were made today against Christian Littlewood and Angie Littlewood. They were each ordered to pay £767,000 representing the benefit obtained by each of them from insider dealing.