Broker whacked with one of FSA’s largest insurance fraud fines
The FSA has banned and fined a former commercial insurance broker who used clients’ insurance premiums to fund his business. ...
Tag: FSA
Seven more banks join SME product review
The FSA has announced that seven more banks have volunteered to review their sales of interest rate hedging products to ...
Four banks mis-sold hedging products to SMEs
The FSA has found serious failings in the sale of interest rate hedging products to some small and medium sized ...
“Unregulated” attitude to buy-to-let sales is wearing thin
The recent announcement by the Financial Services Authority (FSA) that it expects bridging lenders to behave with “the same high ...
Yorkshire firm has permissions cancelled
Wood Financial Management Ltd has had its Part IV Permissions cancelled by the FSA. This is because the firm, based ...
Prime Choice Mortgages’ permissions cancelled
The FSA has today cancelled Prime Choice Mortgages Limited’s Part IV permission. This is because Prime Choice Mortgages Limited (of ...
£3.345m FSA fine for insurance firm
The FSA has fined Mitsui Sumitomo Insurance Company (Europe) Ltd (MSIEu) £3,345,000 for serious corporate governance failings, and imposed a ...
Over 75,000 to get FSA warning letters
The FSA says it is contacting 76,732 people to let them know they are targets for conmen. The regulator says ...
