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Showing 681 to 690 of 769 search results for risk during LIBOR.
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FSA fines Royal Bank of Scotland Group £5.6m for UK sanctions controls failings
The Financial Services Authority (FSA) has today fined members of the Royal Bank of Scotland Group (RBSG) £5.6m for failing to have adequate systems and controls in place to prevent breaches of UK financial sanctions. -
TR16/1: Assessing suitability: Research and due diligence of products and services
The other two root causes are incorrect risk profiling and costs, for example, in relation to replacement business (where a client switches an existing investment or sells it and invests the ... Following visits to firms during our review, we undertook a -
Firms continue to fail to meet our expectations on their use of dealing commission
We summarise our findings from a review that analysed dealing commission expenditure across 31 investment managers (covering asset managers, wealth managers and host-authorised corporate director providers) between 2012 and 2015. -
Martin Wheatley calls for greater transparency in the asset management sector at the 2013 FCA Asset Management Conference
During the day staff at the FCA will host breakout sessions on different aspects of its regulation of asset management. ... Later this week the FCA will publish the findings of a review of 22 that shows good examples of risk management, but also reveals -
FCA bans and fines former Burlington director for dishonest involvement in the sale of Unregulated Collective Investment Schemes to retail customers
In early 2005, Cameron helped to set up three high risk UCIS investing in new property developments in Croatia, Bulgaria and Montenegro. ... Cameron knew that his activities created a risk of the UCIS being sold to investors for whom the products were -
FCA bans and fines Paul Reynolds £290,344 for misleading and unsuitable advice
Suitability letters found on the clients’ files, which did explain the risks, had not been sent to the clients. ... During its investigation, the FCA found that Mr Reynolds:. recklessly recommended high risk investment products to eight retail clients, -
FG14/6 - Annuity comparison websites: Financial promotions review and guidance for firms
Tax. A respondent believed that the current required tax risk warning should be accompanied by sign-posting as to where further information could be obtained. ... But we do not feel this is necessary as the tax risk warning is fairly high-level - -
FCA fines insurance broker JLT Specialty Limited £7.8m for financial crime control failings
We have fined JLT Specialty Limited (JLTSL) £7,881,700 for financial crime control failings. -
Coronavirus and customers in temporary financial difficulty: draft guidance for insurance and premium finance firms
FCA guidance on our expectations for firms when dealing with customers of general insurance and pure protection contracts who may be experiencing temporary financial difficulty because of coronavirus -
FCA response to FSB’s Super-Complaint - requiring personal guarantees for business loans
On 08 December 2023, we received a super-complaint from the Federation of Small Businesses (FSB). This is the first super-complaint we have received since the super-complaint regime was applied to the FCA in 2013.