Four FCA requirements are set to be binned after the regulator said they were ‘ineffective’.
A leading figure in promoting social media compliance in the finance sector has warned that new rules on making senior managers more accountable could have a “devastating impact”.
MPs have called for the Government to act rapidly to avoid “the next major pensions mis-selling scandal” as they criticised the failure to get the pension freedoms working sufficiently and a lack of information about Pension Wise.
Rules originally designed to force bank bosses to take responsibility for misconduct through handing them fines and punishments look set to be extended across the whole finance sector – including advice firms – it has been announced this morning.
FinaMetrica has this morning published data which it said highlights men’s hunger for risk is not much greater than women’s.
The FCA has been told to adopt a communications approach which steers clear of “sensational headlines where possible”.
The FCA and Prudential Regulation Authority have published new rules on whistleblowing this morning.
A new guide has been launched to help steer finance firms away from dangerous social media waters and to avoid trouble with the regulator.
Today is the last chance for finance professionals to tell the FCA how the industry can ditch the jargon as it seeks to combat poor communication.
A former Keydata former finance director has escaped a fine of half a million pounds today but has still been handed a ban and told to pay £350,000.
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