Considering the size and importance of this market and the need to ensure that customers’ pensions and investments are protected, we wanted to check that firms were meeting our standards and treating customers fairly. . .
http://www.fca.org.uk/news/tr13-8-the-governance-of-unit-linked-funds
The Financial Conduct Authority (FCA) has said it could fine banks who mis-sold complex loan insurance products. . .
The signing of a tax information-sharing agreement with the Isle of Man is a “momentous step forward in tax transparency,” George Osborne has said. . .
The bank will attempt to dismiss a £70m legal claim over complex interest rate hedging products it sold to Guardian Care Homes . . .
The FCA have issued a consultation paper on amendments to their handbook on CRD. Comments and responses are due by 10 November 2013.
http://www.fca.org.uk/news/cp13-12-crd-iv-for-investment-firms