Latest publications
Here you will find our latest publications and news from the last ten days.
Latest publication - 18 July
Press release
FSA calls Money Guidance 'summit'
The Financial Services Authority (FSA) is bringing together key people from Government, the financial services industry and voluntary organisations to take forward a large-scale pathfinder for Money Guidance, a service offering free, impartial information and guidance on money matters, in partnership with HM Treasury.
16 July
Press release
FSA bans mortgage partners for serious regulatory failures
The Financial Services Authority (FSA) has banned two Wakefield mortgage brokers for failing to meet the standards expected of approved persons in terms of competence and capability.
Newsletter
Capital Markets Bulletin - Issue 3 [PDF]
15 July
Press release
FSA fines a mortgage firm £11,900 and bans adviser in relation to false mortgage applications
The Financial Services Authority (FSA) has fined a Kilmarnock mortgage firm £11,900 for failing to adequately supervise an adviser, resulting in applications containing false and misleading information being submitted to lenders.
Final notices
Tarlochan Singh (trading as Oceans Mortgages) [PDF]
Rainbow Insurance Services Limited [PDF]
Regency Property Solutions Limited [PDF]
Sean Hamilton trading as Hamilton Cars [PDF]
GMC Motors Limited [PDF]
EMC2 Logical Finance Limited [PDF]
Allclear Finance Limited [PDF]
Khalack Mohamad Loothfaully trading as KML Mortgage Investment Co. [PDF]
14 July
Joint response
Consumer research papers
Evidence of impact: An overview of financial education evaluations [PDF]
Financial Capability: A Behavioural Economics Perspective [PDF]
Handbook publication
10 July
Press release
Former broker banned and fined £16,000 for dishonesty and using high pressure sales tactics
The Financial Services Authority (FSA) has banned Mr Baljit Somal (Mr Somal), a former broker at Square Mile Securities Limited, and fined him £16,000 for selling high risk shares to customers without their consent and using unacceptable sales tactics.
9 July
Consultation paper
Quarterly consultation paper (No. 17)
Press release
FSA bans and fines mortgage broker for serious regulatory failures
The Financial Services Authority (FSA) has banned and fined North East based Robin Knox mortgage broker after finding he had exposed about 500 of his firm’s customers to the risk of receiving unsuitable advice.
