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  1. FSA and OFT publish guidance to firms designing new payment protection products

    Press Releases Published: 24/01/2013 Last modified: 10/04/2013
    The Financial Services Authority (FSA) and the Office of Fair Trading (OFT) have jointly published final guidance to help prevent the problems associated with Payment Protection Insurance (PPI) recurring in a new generation of products.

  2. FSA appoints two new non-executive directors to the FSCS board

    Press Releases Published: 23/01/2013 Last modified: 29/03/2013
    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.

  3. Five arrested in FSA insider dealing investigation

    Press Releases Published: 22/01/2013 Last modified: 29/03/2013
    The Financial Services Authority (FSA) with the assistance of the Police Forces, in the City of London, the East Midlands and the North of England have this morning executed four search warrants in the City of London, Lincolnshire, Leicestershire

  4. FSA consults further on FSCS Funding

    Press Releases Published: 18/01/2013 Last modified: 29/03/2013
    The Financial Services Authority (FSA) has confirmed new rules designed to secure funding for the Financial Services Compensation Scheme (FSCS) in a way which is affordable for firms.

  5. FSA publishes guidance to help firms avoid poorly managed incentive schemes that drive mis-selling

    Press Releases Published: 16/01/2013 Last modified: 29/03/2013
    The Financial Services Authority (FSA) has published final guidance that will help financial firms avoid creating and operating incentives schemes that drive mis-selling.

  6. FSA bans and fines insurance broker Harbinder Panesar £212,237 for misappropriating money from his business and selling worthless policies

    Press Releases Published: 15/01/2013 Last modified: 29/03/2013
    The Financial Services Authority (FSA) today banned insurance broker, Harbinder Panesar, from working in the financial services industry and fined him £212,237.

  7. FSA confirms Century Building Society merger with the Scottish Building Society

    Press Releases Published: 08/01/2013 Last modified: 29/03/2013
    The Financial Services Authority (FSA) has confirmed the proposed transfer of the engagements of the Century Building Society to the Scottish Building Society.

  8. FSA fines The Co-operative Bank plc for failing to handle PPI complaints fairly

    Press Releases Published: 04/01/2013 Last modified: 29/03/2013
    The Financial Services Authority (FSA) has fined The Co-operative Bank plc (Co-op) £113,300 for failing to handle payment protection insurance (PPI) complaints fairly.

  9. UBS fined £160 million for significant failings in relation to LIBOR and EURIBOR

    Press Releases Published: 19/12/2012 Last modified: 29/03/2013
    The Financial Services Authority (FSA) has fined UBS AG (UBS) £160 million 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.

  10. FSA issues fines totaling £250,000 on Plus500UK Limited (Plus500) and James Sharp and Company (James Sharp)

    Press Releases Published: 24/10/2012 Last modified: 22/07/2013
    The Financial Services Authority (FSA) has fined two firms, Plus500UK Limited (Plus500) £205,128 and James Sharp and Company (James Sharp) £49,000 for failing to provide accurate and timely transaction reports to the FSA in respect of all the