The FCA has fined Sonali Bank’s UK arm £3,250,600 today and banned its former money laundering reporting officer.
A finance firm has urged the financial services sector to introduce compulsory flexible working hours to attract and retain more women.
Advisers are demanding an end to the current system of paying for the FSCS and being saddled with “disproportionately huge” fees when they have a clean record on complaints.
The FCA league tables for most complained about firms in the investments and pensions sectors have been unveiled this morning.
Aviva has been hit with an £8m fine by the FCA this morning.
The FCA has sent out a warning about a Canary Wharf-based asset manager.
A Financial Planning firm boss fears that new FCA rules on recording client phone calls could create “completely the wrong image” for her business.
A former investment portfolio manager at Blackrock Investment Management has been charged with insider dealing.
Financial advisers will be required to record telephone calls in future, FCA plans released this morning showed, in a bid to quickly resolve Ombudsman complaints.
The £50,000 limit on FSCS protection for ‘negligent advice’ should be re-examined, the head of the FSCS says.
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