FSA authority
RSS FSA authorityHSBC companies slapped with £3m fines over data breaches
News The Financial Services Authority (FSA) fined HSBC Life £1,610,000, HSBC Actuaries £875,000 and HSBC Insurance Brokers £700,000 - making a total of £3m in penalties between them. Due to the fact the three... [22 Jul 2009]
FSA: £1bn needed to fix financial IT
News The Financial Services Authority (FSA) on Wednesday called for substantial investment in banking IT, as part of proposals to speed up the time it takes for customers to get their money back when a bank... [09 Jan 2009]
Gabriel's more angelic these days, promises FSA
News The Financial Services Authority's (FSA) new strategic reporting system has drawn the ire of its users despite having its budget increased to the tune of £5m. However, the FSA admits the... [10 Dec 2008]
Betfair spins into financial trading
News The website currently only offers financial spread betting - and a high low betting game based on movements of the FTSE 100 - as it awaits authorisation from the FSA, expected in early 2009. Once the Financial Services... [10 Nov 2008]
FSA warns banks to wise up on security
News The Financial Services Authority (FSA) has warned the banking industry to shape up their attitudes to securing sensitive data and customer information. One of the recommendations the FSA... [25 Apr 2008]
HSBC loses 370,000 customers' details
News The Financial Services Authority (FSA) has been informed about the loss and the bank faces a possible investigation, with the risk of a fine if a lapse in security is found. A spokesman for the... [07 Apr 2008]
MiFID compliance warning
News The Financial Services Authority (FSA) is now looking into how well firms are complying with MiFID, looking at issues such as disclosure of information and best execution, but when asked how MiFID... [13 Mar 2008]
Denplan bites hard on document automation
Case Study This is especially important in making sure FSA (Financial Services Authority) regulations on keeping customers informed of ongoing developments are complied with. Dental payment plan provider Denplan... [17 Jan 2008]
Norwich Union Life fined for data control 'weaknesses'
News The Financial Services Authority (FSA) has fined Norwich Union Life £1.26m for failing to manage customer data adequately, resulting in financial crimes such as identity theft being committed against its... [17 Dec 2007]
MiFID: No big bang - but it's not over yet
News Speaking to silicon.com a Financial Services Authority (FSA) spokesman suggested the FSA is happy with the way things have gone so far. FSA upgrades tech to improve... [26 Nov 2007]
Leader: UK should make hay while MiFID sun shines
Leader The Financial Services Authority (FSA) transposed MiFID into UK law at the end of January - much earlier than many other countries - and so firms have had much longer to adapt to new processes and bring... [01 Nov 2007]
MiFID: It's finally right here, right now
News The Financial Services Authority (FSA) has said the UK banks ready for MiFID, says FSA ¦ FSA upgrades tech to improve MiFID monitoring ¦ The FSA... [01 Nov 2007]
MiFID: No boon for small and private banks?
News FSA upgrades tech to improve MiFID monitoring ¦ A spokesman for the BBA told silicon.com: "MiFID rules will be imprinted into the Financial Services Authority rule book, so for smaller organisations,... [30 Oct 2007]
UK banks ready for MiFID, says FSA
News The UK banking industry is in good shape for the European MiFID regulations which come into force on 1 November, according to the Financial Services Authority (FSA). An FSA spokesman... [30 Oct 2007]
MiFID - will the banks be ready in time?
News Financial Services Authority (FSA) might be lenient on those banks not fully compliant for up to 18 months, as the implications of MiFID slowly become clear. FSA upgrades tech to improve... [03 Oct 2007]
