Investors in failed fund Connaught who are trying to claw back some of their losses must wait longer in limbo as the regulator admits it has still not brokered a deal to secure them redress.
The Bank of England (BoE) was seemingly unaware of the impending financial crisis in the weeks prior to its emergence, new documents have revealed.
Members of the executive committee at the Financial Conduct Authority (FCA) stand to lose their bonuses over the blunder that caused a collapse in prices of large insurance companies, according to reports.
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The Financial Conduct Authority (FCA) has extended its support for a 'negotiated settlement' for investors in the failed Connaught Series 1 fund, the funding line for defunct bridging lending Tiuta.
Royal Bank of Scotland and Natwest Bank have been fined £14.5m by the Financial Conduct Authority (FCA) for failings in their mortgage advice.
A lawyer who spent six years in the financial regulator's enforcement team has expressed doubts over his former employer's product promotions rules.
The Financial Conduct Authority (FCA) is attempting to broker a redress deal for investors in the failed Connaught Series 1 fund.
A team of regulatory investigators is investigating whether any other HBOS senior management should be banned and fined to join ex-head of corporate banking Peter Cummings.
A Croydon-based mortgage broker received five years in jail for swindling £4.5m from friends by persuading them to remortgage their homes to invest in a Ponzi scheme.
A multimillion-pound fraud trial, halted due to the lack of legal aid barristers, has been restarted after a decision was overturned in the Court of Appeal.
MPs have called for a police investigation into the Tiuta and Connaught Income Fund scandal which caused investors to lose around £70m of their capital.
A review into how the the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) reach decisions in enforcement cases has been opened by the government, amid concerns over fairness, independence and transparency.
The Financial Conduct Authority (FCA) has appointed former chief executive of the Competition Commission (CC) David Saunders as a senior adviser on competition.
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