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News The Financial Services Authority (FSA) is to train its enforcement officials to surf the Internet to crackdown on fraud and unlicensed financial services on the Web. A spokeswoman for the FSA said it is considering a number of ways to police the...
[20 Dec 1999]
News The UK's Financial Services Authority (FSA) has blasted the EU for imposing complicated regulations that could land European banks with a €1bn technology bill. Chairman of the FSA Callum McCarthy has attacked the EU, saying it is "deeply...
[25 Jul 2005]
News The Financial Services Authority (FSA) has handed the bulk of its IT to Fujitsu Services in an eight-year, £80m outsourcing contract. The FSA said the goal is both to cut costs and have "best in class IS services by September 2008".
[20 Apr 2007]
News The Financial Services Authority (FSA) has issued a policy statement that covers the remaining tasks and priorities relating to Y2K compliance. Michael Foot, managing director and head of financial supervision at the FSA, said progress has been...
[18 Aug 1999]
News The Financial Services Authority (FSA) has issued an urgent warning to consumers about a telephone-based banking scam. Now UK customers are being targeted, according to the FSA. The FSA - a government department responsible for overseeing the...
[24 Aug 1999]
News The Financial Services Authority is awaiting an independent arbitration decision on whether it has the domain name rights to fsa.co.uk, currently owned by software provider Findlay Steele Associates. According to John Heaton, legal assistant at...
[26 Sep 2001]
News The Financial Services Authority (FSA) is conducting a review of its £20m IT requirements, with outsourcing one of the options under consideration. In a contract notice published earlier this month, the FSA revealed its IS division is going through...
[16 Aug 2005]
News The Financial Services Authority (FSA) is significantly upgrading the technology it uses to monitor the UK financial markets and to identify potential market abuses. Following the introduction of MiFID on 1 November this year, the FSA will also be...
[20 Jun 2007]
News The Financial Services Authority (FSA) has uncovered 53 Web sites in the UK that could be ripping off consumers. The FSA spent a day surfing the Internet for bogus companies as part of an international initiative co-ordinated by IOSCO (the...
[16 May 2000]
News The UK Financial Services Authority (FSA) is urging companies to prepare for European compliance laws that are set to cost the banking industry $1bn in IT renewals. The FSA is asking financial companies to prepare for the European Union's Markets...
[22 Nov 2005]
News Labour MP Jim Cousins will receive a frosty reception at the Financial Services Authority (FSA) if he demands compensation for London Stock Exchange (LSE) traders caught in the April 5 meltdown. He told silicon.com: "The buck has clearly been...
[18 May 2000]
News The Financial Services Authority (FSA) has blasted online banks for tempting a breakdown in security by overloading their web servers with too many customers. The chairman of the FSA, Sir Howard Davies, said many online banks have miscalculated...
[21 Jun 2000]
News The UK Financial Services Authority (FSA) has said it will only implement the minimum requirements for European compliance regulations. Earlier this year the FSA criticised the European Union for failing to provide a cost-benefit analysis for the...
[05 Dec 2005]
News The Financial Services Authority (FSA) has criticised finance firms for not taking enough responsibility when outsourcing IT functions. Michael Foot, head of the FSA, said financial companies' senior managers are not aware of ongoing IT projects...
[13 Jun 2000]
News The Financial Services Authority (FSA) has signed a four-year contract with three outsourcing companies to revamp its business applications. The move is intended to simplify the process for companies when they submit compliance-related data to the...
[18 Aug 2006]
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 made as a result of the audit was that finance firms should...
[25 Apr 2008]
News Philip Robinson, financial crime sector leader at the FSA, said: "Hackers and fraudsters are refining and improving their techniques as we speak. The FSA said that while larger enterprises had built defences to protect against hacking threats...
[15 Nov 2004]
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 told silicon.com that according to its MiFID monitoring programme...
[30 Oct 2007]
News The UK Financial Services Authority (FSA) is to investigate an Internet-based foreign exchange service which has yet to receive regulatory approval, according to reports in the Electronic Telegraph. But an FSA spokesman said he has not made any...
[06 Aug 1999]
News The breakdown shows that for the financial services sector, 25 per cent of companies can not retrieve emails after three years, putting them in breach of Financial Services Authority (FSA) regulations.
[28 Jun 2004]
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