Financial Conduct Authority (FCA)

713 results about this entity

Period: 02 Sep 2004 - 14 Aug 2024

Industry groups hit out at FSA best execution proposals

Leading industry lobby groups have criticised proposals from the Financial Services Authority for the use of price benchmarks to demonstrate best execution in OTC and fixed income markets.

FSA cautions against extending MiFID to bond markets

The Financial Services Authority is to tell the European Commission that it sees no reason for extending MiFID transparency requirements to the UK's secondary bond markets.

FSA subscribes to Markit credit data

The UK's Financial Services Authority has signed a deal to access credit data pricing services from Markit in an effort to step up surveillance of the opaque OTC markets.

UK financial services firms spend £600 million on red tape

The UK financial services industry spends about £600 million a year dealing with regulatory red tape, according to a report published by the Financial Services Authority.

SOX not an immediate issue in LSE/Nasdaq tie-up, but regulatory implications remain says FSA

The Financial Services Authority has stated that UK-listed firms would not have to comply with Sarbanes Oxley and other US regulations if the London Stock Exchange is bought out by an American company, but cautions LSE stakeholders against future compliance headaches in a combined group.

FSA drops training and competence rules for wholesale banking staff

The Financial Services Authority (FSA) is relaxing regulations on the training and competence (T&C) of staff working in wholesale financial services firms despite its earlier warnings that organised gangs of criminals are infiltrating British banks to commit large scale frauds.

FSA warns banks to raise security standards

"Insider fraud" is one of the most serious threats faced by financial services firms, says the UK's Financial Services Authority (FSA) in a critical report on industry fraud protection practices.

Consumer confidence in online banking 'fragile' - FSA

The majority of consumers (77%) would stop using Web banking services altogether if they were forced to foot the bill for online fraud, according to research commissioned by The Financial Services Authority (FSA) which is calling on banks to do more to educate customers about Internet security in order to stem losses.

FSA urges City firms to prepare for bird flu

The UK's Financial Services Authority (FSA) is to urge banks and businesses in the City to devise contingency plans to deal with a possible bird flu pandemic.

FSA urges firms to improve disaster recovery planning

The UK's largest financial insitutions have "highly resilient" IT systems that could recover critical functions quickly after a terrorist attack or natural disaster, but firms could still be at risk because too many back-up sites are located in London, says the Financial Services Authority.

FSA moves to cut red tape

Stung by criticism that it operates an overly prescriptive compliance regime, the Financial Services Authority (FSA) has published plans to reduce the cost and burden of regulations on UK firms.

UK's financial sector conducts disaster recovery drill

Britain's financial sector is conducting a market-wide business continuity test today that will assess firms' readiness for dealing with a major crisis such as a natural disaster or a terrorist attack.