New rules on commission arrangements bring about changes
In a preview of research to be released later this week, the UK’s Financial Services Authority says that it will encourage banks to engage consumers in tackling online fraud.The FSA’s Financial Risk Outlook 2006, to be published on Wednesday, will encourage banks to further engage consumers in their fight to combat the rise in online […]
UK regulator unveils action plan
1,000 people, 80 firms take part
Retail investors should have a representative, FSA says
Goal is to help consumers make informed decisions about investment products
FSA says trading strategy disrupted bond markets
The Financial Services Authority has tapped Royal Bank of Canada’s defender in an Enron-related lawsuit to serve as its new head of enforcement.Margaret Cole, 43, partner in the London office of the international law firm White & Case, has been hired to head FSA enforcement. In 2004, she represented Royal Bank in High Court proceedings […]
Management of conflicts not the responsibility of the regulator
Greater transparency, fewer conflicts of interest the goal