Showing 1291 to 1300 of 1321 search results.

1291. Three arrested in FSA insider dealing investigation

      Press Releases Published: 27/02/2013 Last modified: 29/03/2013
      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. Three men aged 33, 37 and 39 have been arrested and are

1292. Lloyds Banking Group fined £4.3 million for delayed PPI redress payments

      Press Releases Published: 19/02/2013 Last modified: 09/12/2016
      The Financial Services Authority (FSA) has fined three Lloyds Banking Group firms a total of £4,315,000 for failings in their systems and controls that resulted in up to 140,000 customers receiving delayed payment protection insurance (PPI) redress.

1293. FSA fines Nestor Healthcare Group £175,000 for clearance to deal failings

      Press Releases Published: 14/02/2013 Last modified: 07/02/2022
      The Financial Services Authority (FSA) has fined Nestor Healthcare Group Limited (Nestor) £175,000 for failing to take adequate steps to ensure that its board members and senior executives complied with the share dealing provisions of the FSA’s

1294. FSA secures Supreme Court win in satellite warranty case

      Press Releases Published: 13/02/2013 Last modified: 22/11/2021
      The Supreme Court unanimously dismissed appeals by Digital Satellite Warranty Cover and Bernard Freeman and Michael Sullivan, trading as Satellite Services.

1295. FSA publishes the results of a mystery shopping review into the quality of investment advice in banks and building societies

      Press Releases Published: 13/02/2013 Last modified: 23/11/2021
      The Financial Services Authority (FSA) has published the results of a mystery shopping review, carried out between March and September 2012, looking into the quality of investment advice given by banks and building societies.

1296. UBS fined £9.45m for failings in its sale of an AIG fund

      Press Releases Published: 12/02/2013 Last modified: 29/03/2013
      The Financial Services Authority (FSA) has fined UBS AG (UBS) for failures in the sale of the AIG Enhanced Variable Rate Fund (the Fund). These failures led to UBS customers being exposed to an unacceptable risk of an unsuitable sale of the Fund.

1297. FSA secures High Court victory against illegal land banking firm, Asset Land

      Press Releases Published: 11/02/2013 Last modified: 29/03/2013
      The Financial Services Authority (FSA) has won a key victory in the battle against unauthorised businesses after the High Court declared that David Banner-Eve, Stuart Cohen, Asset Land Investments Plc and Asset L.I. Inc. ran an illegal land bank by

1298. RBS fined £87.5 million for significant failings in relation to LIBOR

      Press Releases Published: 06/02/2013 Last modified: 18/11/2021
      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).

1299. FSA confirms start of full review of interest rate swap mis-selling

      Press Releases Published: 31/01/2013 Last modified: 15/05/2013
      The Financial Services Authority (FSA) has confirmed that Barclays, HSBC, Lloyds and RBS will start the full review of their sales of interest rate hedging products (IRHPs) to small businesses. In June last year, the FSA announced that it had found

1300. Tribunal upholds FSA decision to fine firm £8m for market abuse

      Press Releases Published: 28/01/2013 Last modified: 28/01/2015
      The Upper Tribunal (Tax and Chancery Chamber) has directed the Financial Services Authority (FSA) to fine Swift Trade, a non-FSA authorised Canadian company with global operations, £8m for market abuse. The Tribunal described this as being “as