Regulation

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).

The Financial Conduct Authority (FCA) has said it will look to take even earlier pre-emptive action against what it believes is bad practice in a bid to counter accusations from the industry that it unfairly employs retrospective regulation.

One third of insurers authorised by the Prudential Regulation Authority (PRA) are 'in some form' of wind down; Paul Fisher of the PRA has said.

The Financial Ombudsman Service (FOS) is to make further cuts to its operating budget in the coming financial year and has frozen its levy at £23.3m.

The government has asked the Financial Conduct Authority (FCA) to be more transparent in its supervision and enforcement actions, in a review released yesterday.

Obesity can constitute a disability in the workplace within definitions of the equality legislation, the EU's Court of Justice has ruled.

The FCA has apologised following the Davis report into the leaking of a report to a Telegraph journalist.