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FSA issues update on the sale of payment protection insurance (PPI)

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • January 22 2009

Tackling poor sales practices in respect of payment protection insurance is a continuing priority for the FSA, as is evident from its ongoing work and the regulatory action taken against 20 PPI providers in 2008

FSA Chairman outlines future of financial regulation

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • January 28 2009

The Chairman of the FSA, Lord Adair Turner, gave a speech on 21 January 2009 setting out his views of the causes of the current financial crisis and outlining the future of financial regulation

FSA publishes interim report on Retail Distribution Review 2007

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • May 2 2008

The Financial Services Authority ("FSA") published an interim report in respect of the Retail Distribution Review ("RDR") discussion paper it published in 2007

FSA publishes its 200910 Business Plan

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • February 24 2009

On 9 February 2009, the Financial Services Authority (FSA) published its Business Plan for the financial year 1 April 2009 to 30 March 2010 which addresses the risks highlighted in the Financial Risk Outlook released on the same day

Treating customers fairly in wholesale markets

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • May 8 2008

Sarah Wilson, Financial Services Authority (FSA) Director of the Retail Firms Division, gave a speech on Treating Customers Fairly (TCF) in wholesale markets at the Protiviti breakfast meeting on 15 April 2008

FSA unveils a package to protect Payment Protection Insurance consumers

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • October 7 2009

In our previous blogs on the Payment Protection Insurance (PPI) market, we discussed the Competition Commission's Final Report published on 29 January 2009 and the Financial Services Authority's (FSA) response

Report on the future of the UK financial services sector

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • May 19 2009

On 7 May 2009, the Financial Services Global Competitiveness Group (FSGCG), which is co-chaired by the Chancellor, Alistair Darling, and former Citi Chairman, Sir Win Bischoff, produced a report on the future of the UK's financial services sector

FSA moves to enhance supervision in wake of Northern Rock

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • March 28 2008

On 26 March, the Financial Services Authority (FSA) published a summary of a review carried out by its internal audit division into its supervision of Northern Rock

The Financial Service Authority (FSA) calls for increased co-operation in Europe

  • Edwards Wildman Palmer LLP
  • -
  • European Union, United Kingdom
  • -
  • April 10 2008

The FSA has restated the UK's support for the creation of a single market in financial services in Europe, and has called for further development of the existing arrangements for regulatory cooperation among national regulators

FSA clarifies ICOBS rules in response to Competition Commission's final report into payment protection insurance (PPI) market

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • February 13 2009

In response to the Competition Commission's (the Commission) final report into the PPI market which was published on 29 January 2009 (see our previous blog here), the Financial Services Authority (FSA) has considered the measures proposed by the Commission and as a result has clarified its own handbook rules for a firm selling PPI contained in the Insurance Conduct of Business sourcebook (ICOBS

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