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UK Financial Services Authority

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Mandelson attacks Europe’s bid to rein in the hedge funds

06.11.09
Business Secretary Peter Mandelson launched a broadside against proposed hedge fund rules from the European Union today, warning they could choke off investment needed to move the region out of recession ... more

Watchdog fines UBS £8m for banking fraud

05.11.09
The London arm of Swiss bank UBS was today fined £8 million by the Financial Services Authority (FSA) — the third-highest penalty ever imposed by the watchdog ... more

Ministers had no choice, let's hope this is the end latest cash injection

03.11.09
Are we any further down the road to recovery in the banking industry? Ask me that question in a year's time, when we've finally come to realise the shape of this recession, and I will give you the answer. ... more

RBS chief hits out at Europe over its long list of sell-offs

03.11.09
Stephen Hester, chief executive of Royal Bank of Scotland, attacked the shopping list of sell-offs ordered on it by the European Union, which will force it to sell 318 branches... more

Home borrowers to face questions on Christmas spending

19.10.09
Home buyers will provide details of their income and spending before being granted a mortgage ... more

Bigger banks are resisting tougher rules, says FSA

30.09.09
The big banks are fighting against efforts to impose tough new capital rules, the City watchdog revealed ... more

Watchdog tightens rules on top banks’ leading operators

27.07.09
Nine out of 115 senior people interviewed by the Financial Services Authority in the past nine months to take top roles at banks and other “high-impact” financial services firms withdrew their applications after failing to come up to scratch ... more

Watchdog tightens rules on top banks’ leading operators

27.07.09
Nine out of 115 senior people interviewed by the Financial Services Authority in the past nine months to take top roles at banks and other “high-impact” financial services firms withdrew their applications after failing to come up to scratch ... more

FSA: We'll fine any bank chiefs who go back to bonus culture

21.07.09
City watchdogs fire warning shot at banks over the return of lavish bonuses for staff... more

Stock market slaps fine on broker for client's 'layering'

29.06.09
The London Stock Exchange has fined an unnamed stockbroking firm £35,000 for allowing a client to rig the market through what is known as "layering" the electronic order book... more

Watchdog seeks to extend short-selling regulations

01.06.09
The Financial Services Authority has said it wants to extend the rules for betting on the share prices of banks and other financial companies falling... more

Barclays ready to go it alone on toxic assets

30.03.09
Barclays may announce that it has opted not to take part in the Government’s asset guarantee insurance scheme for troubled banks... more

City watchdog proposes new curbs on risky lending by banks

18.03.09
Banks today faced new curbs on lending and stricter oversight in an attempt to restore confidence in the financial industry... more

Bank liquidity push 'could damage City'

12.03.09
London's future as a leading financial centre is under threat from the Financial Services Authority's plans to force banks based in the capital to improve liquidity... more

Buying gilts to beat crisis? It's the road to madness

10.03.09
Buying Government securities last week could yet prove to be one of the biggest single mistakes made by the authorities in their efforts to manage the financial crisis... more

The balance tips in Nationwide's favour

05.03.09
Nationwide building society has been let off having to raise extra capital to bolster its balance sheet... more

New blow for savers in with-profits funds

23.02.09
Savings: There was more bad news for with-profits policyholders as the Financial Services Authority ruled that changes to the compensation charges for mis-sold products would not be post-dated... more

FSA in short-selling move after ban lift

07.01.09
Finance: All 3000 companies listed on the Stock Exchange could be subject to strict rules on short-selling following the Financial Services Authority’s recent decision to lift the ban on betting that shares in 34 financial companies would fall... more

Watchdog’s blitz on delayed profit alerts

05.01.09
Regulation: Top companies are being probed by the Financial Services Authority and may face fines or prosecution for failing to disclose profits warnings quickly enough. ... more

Be fair over home-loan arrears, banks told

28.11.08
Regulation: The Financial Services Authority fired a warning shot across the bows of banks and building societies, urging better treatment for customers who fall behind on mortgage payments... more

Watchdog in IFAs fees move

25.11.08
Regulation: Paying commissions to financial advisers could be a thing of the past if City watchdog, the Financial Services Authority, gets its way... more

Guarantee on savings raised to £50,000

03.10.08
The City watchdog raised the guarantee on personal savings from £35,000 to £50,000 as it moved to restore confidence in the banking sector... more

Anger at ban on short-selling as shares rocket up

19.09.08
Markets: Confusion reigned in the City after an emergency move to ban short-selling was launched by the Financial Services Authority last night... more

'Death sentence' for short-sellers

19.09.08
City speculators who bet on bank shares falling face a "bloodbath"... more

Commentary: Short-sellers were just feeding on weakness of the banks

19.09.08
Finally, the cavalry has arrived. As they haul themselves out of their upturned wagons and pick themselves gingerly over the carcasses of fallen comrades, those bankers still left standing are entitled to ask of the Financial Services Authority, where have you been?... more

The poacher who turned gamekeeper

19.09.08
Hector Sants was the man brought in to clean up the City as head of its watchdog... more

FSA’s curb necessary, right – and overdue

19.09.08
The clampdown on short-selling in financial stocks is in fact a vitally necessary and overdue measure... more

Mortgage advisers fail to do proper checks on borrowers

23.07.08
An undercover investigation into mortgage advisers has shown up shocking incompetence, with many failing to carry out proper checks on borrowers' ability to repay loans... more

Mortgage fraud: FSA steps up its campaign

22.07.08
The City watchdog steps up its battle against mortgage fraud and calls on lenders to act as whistleblowers against brokers suspected of breaking the law... more
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