Financial Conduct Authority (FCA)

Voice of the broker

Lord Turner’s views on the regulation of the market will undermine the future of the broking industry, says Ashwin Mistry

Lord Turner calls for debate on higher FCA costs

Lord Turner, chairman of the Financial Services Authority, has called on parliament to give the Financial Conduct Authority (FCA) “the powers and teeth to act early to intervene and prevent customer detriment from occurring”.

What The Papers Say - September 2011

In this month's edition Paul Anscombe, managing director of Seventeen Group joins Insurance Age's Liz McMahon and Emmanuel Kenning to discuss the latest news stories in insurance.

Broker trade bodies want lower regulatory barriers

The British Insurance Brokers’ Association (Biba) and the Institute of Insurance Brokers (IIB) have called for regulatory barriers to be lowered and for the current inappropriate style and intensity of regulation to be reformed.

FCA to be tougher and bolder

The Financial Services Authority (FSA) has declared that its successor body, charged with conduct and markets regulation from the end of 2012, will be tougher, bolder and more engaged with consumers.

Legal experts criticise PRA announcement

The legal sector has roundly criticised the contents of the Financial Services Authority (FSA) and Bank of England’s joint paper describing it as worrying and raising more questions than answers.

Creating FCA and PRA to cost up to £175m

The Treasury has estimated that the cost of establishing the Prudential Regulation Authority (PRA) and transforming the Financial Services Authority (FSA) into the Financial Conduct Authority (FCA) could be between £115m-£175m.

FSA publishes Annual Report for 2010/11

The Financial Services Authority (FSA) has published its annual report for 2010/11, outlining its performance against the priorities set out in its 2010/11 Business Plan and its statutory objectives.

Regulators reveal PRA approach

The Bank of England and the Financial Services Authority (FSA) have published a joint paper setting out the current thinking on how the future Prudential Regulation Authority (PRA) will approach regulation.

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