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Fsa

FCA pledges March update on Tiuta-funder Connaught redress deal

Mortgage Solutions | 20 Feb 2015

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.

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The Bank of England

BoE papers reveal governing body's ignorance of impending crisis

The Bank of England (BoE) was seemingly unaware of the impending financial crisis in the weeks prior to its emergence, new documents have revealed.

Mortgage Solutions | 07 Jan 2015
Martin Wheatley

FCA senior bonuses to be cancelled after insurance investigation

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.

Mortgage Solutions | 09 Dec 2014

Other Fsa articles

two businesspeople shaking hands

Redress deadline extended for investors in Tiuta-funder Connaught

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.

Mortgage Solutions | 05 Nov 2014
Royal Bank of Scotland

FCA fines RBS and Natwest £14.5m over mortgage advice

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

Mortgage Solutions | 27 Aug 2014
Samsung's Galaxy S4 Times Square billboard

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
fca

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
fca

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
Handcuffs

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
alex-cameron-qc-pm-s-brother

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
tiuta-logo

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
osborne2

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
fca

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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