The UK’s Financial Services Authority has decided to demand greater disclosure about positions held through so-called contracts for difference (CFDs).The FSA announced today that after receiving feedback on its consultation paper about CFDs, published last November, it has decided a general disclosure regime for long CFD positions will be implemented as the most effective way […]
Rights issue process provides greater scope for what might amount to market abuse, UK regulator says
The UK’s Financial Services Authority has unveiled a set of principles designed to guide the handling of inside information to prevent illegal trading.
The UK’s Financial Services Authority is warning firms that they must do more to help prevent their customers falling victim to identity fraud and other types of financial crime.The warning follows an FSA review of systems and controls for data security at 39 firms including banks, building societies, insurance companies and financial advisers. The FSA […]
Review by UK regulator unveils four key failings
FSA investgating possible abusive trading
FSA highlights measures firms should consider when reviewing systems and controls
FSA works with Canadian regulators to freeze funds
The UK government is launching a two year pilot project that will provide free, basic financial advice to those that can’t afford commercial advice.The new scheme is the main recommendation of the Thoresen Review, which was also published today. Last year the government asked Otto Thoresen, chief executive of insurer AEGON UK, to look at […]
FSA publishes Financial Risk Outlook for 2008