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FCA calls for a fair redress scheme in UK motor finance case
Regulator in a difficult position as it tries to strike balance between customer protection and market stability.
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FCA asks banks to prepare for customer redress in motor finance scheme
The UK’s Supreme Court is expected to give a key ruling next month in the motor finance case.
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ASIC roundup: serious governance failures, and Kraken operator to pay A$8m
The Australian Securities & Investments Commission’s latest actions and news, December 9 – 13, 2024.
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Opinion: Banks should be held accountable when fraud takes place on their watch
Cases continue to show why fraud victims must have the right to sue banks to recover their losses.
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Podcast: Alice Wallbank from Shoosmiths on data privacy and cyber security issues
We spoke about: CrowdStrike outage, Ashley Madison data breach, prevalence of cyberattacks, government oversight and regulation.
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FCA v BlueCrest Capital Management: Implications for regulated firms
Court of Appeal addresses the scope of the FCA’s powers under FSMA to impose redress requirements on firms and the jurisdiction of the Upper Tribunal.
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BSPS scandal: £106m in redress offered to former pension scheme members
Close to 1,900 formers members have been compensated, yet, less money than estimated has been paid out.
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No smoke without fire – the FCA’s handling of the BSPS scandal
The UK regulator has published a letter on its handling of the British Steel Pension scheme. We ask if it is justified in its “glowing” assessment.