News

Search Filters

Advanced Search Advanced Search
Date range:

Showing 16511 - 16520 of 17121 matches

  • FSA: Charges relating to an unauthorised investment scheme

    24/09/2012
    In this press release, FSA notes that it has charged Benjamin Edward Weymouth Wilson with seven offences relating to an unauthorised... investment scheme he operated. Trading as SureInvestment, he operated a scheme that purported to carry out futures trading for the benefit of its investors. The charges follow searches of two premises in Poole owned or controlled by the individual that were conducted by FSA with the assistance of the Dorset Police in June 2011. The press release includes full details of the exact charges. He has been bailed to attend City of London Magistrates Court on 5 October 2012.
    Support Information
    Show more Show less
  • EC: Stakeholder consultation on the implementation of a data and transaction reporting framework for wholesale energy markets

    24/09/2012
    The purpose of this consultation is to assist the EC in the preparation of implementing acts to be adopted in accordance... with Articles 8(2), 8(5) and 21(2) of Regulation (EU) No. 1227/2011 of the European Parliament and of the Council on wholesale energy market integrity and transparency. Specifically, this consultation aims to help the EC to collect the necessary information to ensure it can meet the objectives of REMIT in keeping reporting obligations to a minimum and not creating unnecessary costs or administrative burdens for market participants. Responses are required by 7 December 2012. Alongside the consultation, a report entitled “"REMIT Technical Advice for setting up a data reporting framework” (dated June 2012) has been published. This sets out key recommendations in relation to developing such a framework.
    Support Information
    Show more Show less
  • BIS: Principles for the supervision of financial conglomerates - final report

    24/09/2012
    The report provides a set of principles which supersedes the compendium of principles on this topic developed in 1999 and published... in 2001. They include guidance for policymakers on the powers and authority necessary for supervisors of financial conglomerates. They also focus on supervisory responsibility and guidance for supervisors on the governance, capital, liquidity and risk management frameworks of financial conglomerates.
    Support Information
    Show more Show less
  • FSA: Solvency II

    24/09/2012
    FSA has updated its webpage to note “recent media coverage has centred on Commissioner Barnier’s comment on the possibility of a... delay of one year, i.e. transposition in July 2014 and implementation from 1 January 2015. No new timetable has been confirmed; the current timetable remains with transposition by 30 June 2013 and implementation from 1 January 2014”.
    Support Information
    Show more Show less
  • BIS/BERR: Business bank

    24/09/2012
    Vince Cable has announced the first steps in creating a Government-backed business bank. The Government will build a single institution that... will address long-standing, structural gaps in the supply of finance, identified in Tim Breedon’s report on non-bank finance. It will also control the Government’s interests in a new wholesale funding mechanism which will be developed to unlock institutional investment to benefit small businesses. The bank will operate at arms-length from Government and will operate through the wholesale markets. It is emphasised that it will not have any retail presence and will not displace or subsidise banks. More detail on the design of the bank and the types of interventions it will support will be provided in the autumn.
    Support Information
    Show more Show less
  • FOS: Speech by Tony Boorman: Welcoming complaints as insight for improvement (20 September 2012)

    24/09/2012
    Text of the above, given at the annual conference on “customer experience management for banking and financial services”, follows. He... argues that “many complaints can give valuable insights into how similar problems can be avoided in future – and how customer service can be improved” and notes that “the thoughtful handling of customer complaints is a key responsibility of all financial businesses. He concludes by providing a checklist for firms to consider in their approach to complaints.
    Support Information
    Show more Show less
  • FSA: Statistics on mortgage lending

    24/09/2012
    This latest edition covers the period from 2011 Q1 to the 2012 Q2
    Support Information
    Show more Show less
  • Parliamentary Commission on Banking Standards: Written evidence

    24/09/2012
    PCBS has published a volume of written evidence (currently only available to download by response). Respondents include: FSA, FSCP, FSPP,... OFT and all the major retail banks.
    Support Information
    Show more Show less
  • BoE: FPC meeting (14 September 2012)

    24/09/2012
    This short press release notes that, at its meeting on 14 September, FPC judged that the risks to financial stability had... not altered sufficiently since its previous meeting to warrant a change to its current set of policy recommendations, as set out in its June 2012 Financial Stability Report. Further details of the Committee’s discussions will be published in the Record of the Committee’s meeting on 27 September 2012.
    Support Information
    Show more Show less
  • ABI: European gender ruling and Insurance

    21/09/2012
    This webpage notes that ECJ has ruled that from 21 December 2012, insurers can no longer consider someone's gender when calculating... individual premiums and benefits. Links to further pages – a general Q&A and specific items relating to the ruling’s effect on motor, life, critical illness, income protection insurance and annuities and income drawdown, appear on the page.
    Support Information
    Show more Show less