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CliffordChanceLogoFSA Update

Clifford Chance
January 21, 2013
5 pages

In this issue:

  • FSA fines and bans insurance broker for misappropriating funds and selling worthless policies
  • Tribunal rules on revocation of prohibition order
  • FSA in discussions on PPI deadline
  • FSA issues statement on trading losses
  • Final guidance published on risks to customers posed by financial incentives
  • FSA consults further on FSCS funding
  • FSA publishes policy on ILAS BIPRU Firm Automatic Scalar
  • Interim Financial Policy Committee issues guidance on use of new direction powers
  • Treasury Select Committee releases report on future FCA approach

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