FCA wants investment manager views on new EU rules

Investment managers have been asked for their views on how new EU legislation will be implemented in the UK.

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Bank escapes £29m fine but still lands largest ever PPI penalty

Clydesdale Bank has been handed the largest ever PPI related fine – leaving it having to cough up £20,678,300 for "serious failings" in its complaint handling processes. Read more...

FCA plans to place ban on opt-out selling

The Financial Conduct Authority has this morning announced plans to ban opt-out selling in financial services markets. Read more...

FCA to ensure senior managers in banking sector held to account

Plans to ensure that individuals working at the upper echelons of banks can be held fully accountable for their professional practices have been outlined this morning. Read more...