Is your money protected when you buy an investment product, take out a pension or open a bank account - and then the firm goes out of business? The Financial Services Compensation Scheme (FSCS) may be able to get your money back.
As of 1 January 2012, rule changes mean banks must make your payments to another bank by the end of the next working day. This will speed up the payments you make.
Throughout the past year we have kept you updated on the scams trying to con you out of your money. See the schemes people were most worried about, and how to keep your money safe in the New Year.
The Financial Services Authority (FSA) has today published a report that shows most sale and rent back (SRB) transactions were either unaffordable or unsuitable and never should have been sold.
The Financial Services Authority (FSA) has today announced its proposed Annual Funding Requirement (AFR) for 2012/13. This is likely to be the FSA’s final AFR before it splits into the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), in 2013.
The Financial Services Authority (FSA) has today fined Ravi Shankar Sinha £2.867 million for fraudulently obtaining £1.367 million for himself from a company owned by a private equity fund advised by JC Flowers by means of a fictitious invoicing scheme.
The FSA's Consultation Paper CP12/3 is entitled 'Regulated fees and levies: Rates proposals 2012/13'. It was published in February 2012. Some of the proposals require comments by 29 February 2012 and others by 2 April 2012. We indicate clearly in the paper which deadlines apply to which proposals.
The FSA's Consultation Paper CP12/1 is entitled Large Exposures Regime: Groups of connected clients and connected counterparties'. It was published in January 2012. Comments should reach us by 26 April 2012.
The FSA's Consultation Paper CP12/2 is entitled 'Amendments to the Listing Rules, Prospectus Rules,Disclosure Rules and Transparency Rules'. It was published in January 2012. Comments should reach us by 26 April 2012.
On 16 September 2011 the Financial Services Authority (FSA) and the Swiss Financial Market Supervisory Authority (FINMA) announced the launch of an independent investigation into the events surrounding trading losses incurred by UBS AG (UBS) in the London operations of its Investment Bank.
You can use our online information-gathering system GABRIEL (Gathering Better Regulatory Information ELectronically) to send us your reporting data. Our free e-learning course shows you how.
Our Handbook sets out all our rules and guidance made under powers given to us by the Financial Services and Markets Act 2000 (FSMA). The online Handbook is updated regularly.
We play a key role in the development of both International and European regulation. We actively participate in global forums to enhance cooperation and set consistent international standards. We also engage at the European level, which is increasingly the source of most of our policy initiatives.
