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FCA fines RBS and Natwest £14.5m over mortgage advice

Mortgage Solutions | 27 Aug 2014

Royal Bank of Scotland and Natwest Bank have been fined £14.5m by the Financial Conduct Authority (FCA) for failings in their mortgage advice.

Royal Bank of Scotland
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Ex-FSA lawyer warns of regulator's 'unachievable' product promotion rules

A lawyer who spent six years in the financial regulator's enforcement team has expressed doubts over his former employer's product promotions rules.

Mortgage Solutions | 15 Aug 2014
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FCA to broker redress settlement for Connaught investors

The Financial Conduct Authority (FCA) is attempting to broker a redress deal for investors in the failed Connaught Series 1 fund.

Mortgage Solutions | 16 Jul 2014

Other Fsa articles

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HBOS senior management could still face bans or fines for bank failure

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.

Mortgage Solutions | 11 Jul 2014
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Mortgage broker gets five-year sentence for £4.5m Ponzi scheme

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.

Mortgage Solutions | 29 May 2014
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Land banking fraudster case brought by FCA to proceed

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.

Mortgage Solutions | 21 May 2014
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MPs call for police investigation into Tiuta scandal

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.

Mortgage Solutions | 09 May 2014
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Govt launches review of regulators' enforcement powers

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.

Mortgage Solutions | 07 May 2014
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Former Competition Commission chief joins FCA

The Financial Conduct Authority (FCA) has appointed former chief executive of the Competition Commission (CC) David Saunders as a senior adviser on competition.

Mortgage Solutions | 23 Apr 2014
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Twin peaks regulation costs 24% more than FSA

The Financial Conduct Authority and the Prudential Regulation Authority together cost 24% more in 2013 to 2014 than the Financial Services Authority in 2012, a report has revealed.

Mortgage Solutions | 25 Mar 2014
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Ex-FSA chairman calls for pension age to rise to 70 as soon as 2040

The state pension age should rise to 70 by 2040 - more than 20 years earlier than scheduled under government changes - the former chairman of the Financial Services Authority (FSA) Lord Adair Turner said last night.

Mortgage Solutions | 12 Mar 2014
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Job cuts, lavish bonuses and Take That - The Mortgage Solutions Quiz

Here's our news quiz to test your knowledge of the week's most thought-provoking, quirkiest and downright bizarre moments on Mortgage Solutions.

Mortgage Solutions | 14 Feb 2014
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More than 5,000 suspensions in financial services since crisis

More than 5,000 financial advisers, brokers and bankers have been sacked or suspended since the beginning of the financial crisis, according to Financial Conduct Authority (FCA) figures.

Mortgage Solutions | 11 Feb 2014

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