The Financial Services Authority
New Appointments Announced For Governance Of UK Financial Conduct Authority
Three new Chairmen have been appointed to the independent Panels which lead the process for constructive challenge of the Financial Conduct Authority’s (FCA’s) policies and practices from the point of view of regulated firms.
Ex-Futures Broker Sentenced to Four Years for Insider Dealing
In a prosecution brought by the Financial Services Authority (FSA) and heard at Southwark Crown Court Richard Joseph, age 43, has been found guilty of 6 counts of conspiracy to deal as an insider. He has been sentenced to four years on each count, which will be served concurrently.
FSA Publishes Internal LIBOR Report
The Financial Services Authority (FSA) has published its Internal Audit Report on the London Interbank Offered Rate (LIBOR).
Three Arrested in FSA Insider Dealing Investigation
The Financial Services Authority (FSA), with the assistance of the Metropolitan Police Service, have this morning executed six search warrants in the City of London and Greater London Area.
UBS Fined $14.7m - Firm 'Failed To Ensure It Understood The Product It Was Selling'
The Financial Services Authority has fined UBS for failures in the sale of the AIG Enhanced Variable Rate Fund (the Fund).
FSA - RBS Misconduct Was Widespread
The Financial Services Authority (FSA) has fined The Royal Bank of Scotland plc (RBS) £87.5 million for misconduct relating to the London Interbank Offered Rate (LIBOR).
FSA Appoints Two New Non-Executive Directors To FSCS Board
The Financial Services Authority (FSA) has appointed two new non-executive directors to the Board of the Financial Services Compensation Scheme (FSCS). Marian Glen and Charles McKenna will take up their positions on 1 February 2013.
FSA - UBS Findings 'Do Not Make For Pretty Reading'
The Financial Services Authority (FSA) has fined UBS £160m for misconduct relating to the London Interbank Offered Rate (LIBOR) and the Euro Interbank Offered Rate (EURIBOR). This is the largest fine ever imposed by the FSA.
FSA Requires Action of the HSBC Group
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.
The Financial Services Authority(FSA) is the regulator of the financial services industry in the UK.