The Mutuals' Deferred Shares Bill has passed into law with the granting of Royal assent to the bill.
The Financial Ombudsman Service (FOS) has listened to industry complaints about the burden of regulatory cost and cut its budget by 11% for the coming year.
The Financial Conduct Authority (FCA) is set to be heavily criticised over its decision to leak details of an upcoming insurance probe to a national newspaper, inadvertently causing shares in several major life companies to plummet, according to reports....
The scrapping of the approved persons regime, (APR), will be considered by the government's Fair and Effective Markets Review, it has been announced
The Prudential Regulation Authority (PRA) has published its final rules setting out how the Solvency II Directive will be implemented in the UK.
The Financial Conduct Authority (FCA) has today published its finalised guidance to clamp down on 'misleading' financial promotions in social media - stating that each post or tweet must be considered individually by firms.
A Bill to allow mutuals and friendly societies to raise capital through issuing Deferred Shares passed its last stage in the House of Commons on Friday and is set to receive Royal Assent.
A paper commissioned by the Financial Conduct Authority (FCA) has found ‘problems at every stage' in the way firms deal with vulnerable consumers.
The government has sold a further £500m of Lloyds Banking Group shares through a trading plan launched in December, taking the total amount of money recovered for the taxpayer from the bank to just under £8bn.
The Financial Conduct Authority (FCA) is planning to gather evidence on current trends in complaints related to payment protection insurance (PPI).