Financial Services Authority (FSA)
Impact study on long-term guarantees package is crucial for devising new Solvency II timetable
Impact study on long-term guarantees package is crucial for devising new Solvency II timetable
FSA ring-fencing proposals threaten with-profits fund rescues
Regulator faces gold-plating criticism over transposition of Solvency II into sourcebook
FSA proposals to ease Icas modelling burden raise questions over inclusion of Solvency II risk margin
Suggestions that regulator is already beginning to apply Solvency II assumptions to capital calculations
Testing to destruction
Reverse stress testing is set to become standard practice under Solvency II as part of the validation process for internal models, yet for most European insurers such tests are a new concept. Clive Davidson examines what can be learned from the UK, where…
Culture, acquisitions and regulation at Scotiabank
An acquisitive spirit
Problems multiply in sanctions compliance
Sanctions lift on Burma and tighten on Syria and Iran, creating risks in both areas
FSA forces UK banks to assume higher sovereign losses
Behind-the-scenes clampdown sets loss-given-default floor at 45% – and could make UK bonds less attractive
Banks recognise need for major culture shift, says FSA’s Turner
Chairman of the FSA uses annual Mansion House speech to highlight the issue of bank culture
FSA flexing its muscles with RDR letter, observers say
A "Dear CEO" letter from the FSA on RDR is seen as a harbinger of its new interventionist stance
Firms already circumventing RDR commission ban, warns FSA
Financial Services Authority letter outlines ways in which banks and distributors are going against the spirit of the RDR
G-Sibs facing ‘a tall order’ in meeting 2016 data deadline, UK regulator warns
The FSA’s Gerald Sampson says large, complex banks may struggle to meet a 2016 deadline for risk data aggregation and reporting standards
FSA charges four in major insider dealing case
Suspects linked to 2010 arrests
Libor governance to be put out to tender
The FSA confirmed today that the BBA will be stripped of its Libor powers
RDR guidance causing confusion, experts say
FSA guidance notes on the RDR need clarifying, industry experts warn
Indirect clearing to be overhauled in final Esma rules
Indirect clearing will not be compulsory, sources say – and a controversial 30-day guarantee for indirect clients will also be removed
Libor in need of ‘massive makeover’, CFTC’s Chilton says
CFTC's Chilton says a complete overhaul of Libor is needed - including distancing it from the BBA
UK insurers behind schedule on Solvency II data requirements
UK Financial Services Authority highlights problems with data control, ownership and validation
UK regulation after the breakup of the FSA
Twin peaks regulation
Near-record high in complaints in 2011, FSA data shows
Near-record high in complaints in 2011, FSA data shows
Ban on SPV-issued structured products will ‘prevent regulatory arbitrage'
A proposed ban on the promotion of Unregulated Collective Investment Schemes and ‘similar products', drafted by the UK's Financial Services Authority, will include some structured products issued by special purpose vehicles
Bank incentives called into question over mis-selling
Mis-selling in banks requires a cultural shift, chief executive says in response to FSA report
Keeping above the capital floor
Keeping above the capital floor
Barclays appoints new chief as bank faces two SFO investigations
Jenkins takes over at bank under scrutiny for Qatari fundraising and Libor rigging