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Results: 1-10 of 16

FSA fines for fund sales failures
  • Dentons
  • United Kingdom
  • November 11 2011

FSA has fined Coutts & Company £6.3 million for failings in connection with the sale of an AIG fund


FSA consults on retail products
  • Dentons
  • United Kingdom
  • November 4 2011

FSA has published for consultation guidance for firms to take into account when developing new structured products


FSA fines Credit Suisse £5.95 million for systems and controls failings
  • Dentons
  • United Kingdom
  • October 28 2011

FSA has fined Credit Suisse (UK) Limited £5.95 million for systems and controls failings breaching Principle 3 in relation to sales by its private bank of structured capital-at-risk products (SCARPs


FSA fines and bans over UCIS
  • Dentons
  • United Kingdom
  • September 23 2011

FSA has fined Rockingham Independent Limited £35,000 and partially banned two of its directors and one adviser for selling unregulated collective investment schemes (UCIS) and structured products where the sale may have been unsuitable


Three sentenced to jail for £27.5 million boiler room scam
  • Dentons
  • United Kingdom
  • August 25 2011

FSA announced that three men have been sentenced to a total of 19 years in jail for boiler room fraud following a long-running and detailed investigation by FSA, the City of London Police and Eurojust


FSA confirms tribunal backing on hedge fund manager ban
  • Dentons
  • United Kingdom
  • August 19 2011

FSA has confirmed the Upper Tribunal has ordered it to fine Michiel Weiger Visser £2 million and Oluwole Modupe Fagbulu £100,000 and ban them both from performing any role in regulated financial services for breaching Principle 1 of the FSA’s Statements of Principle for Approved Persons and for engaging in market abuse


FSA fines IFA network directors
  • Dentons
  • United Kingdom
  • July 15 2011

FSA has fined Andrew Ruff and Richard Lindley, former directors of Alpha to Omega (UK) Limited (A2O) for widespread compliance failings


FSA holds Annual Public Meeting
  • Dentons
  • United Kingdom
  • July 1 2011

At FSA’s Annual Public Meeting, Lord Turner and Hector Sants spoke of the challenges FSA has faced in the past year and the plans for the transition to the new regulatory structure


FSA gets arrest for unauthorised CIS involvement
  • Dentons
  • United Kingdom
  • July 1 2011

FSA announced the arrest of one individual following an investigation relating to involvement in an unauthorised collective investment scheme (CIS


FSA announces £54 million package for CF Arch cru investors
  • Dentons
  • United Kingdom
  • June 24 2011

Following the suspension in dealings in two FSA-authorised non-UCITS retail funds (NURS), CF Arch cru Investment Funds and the CF Arch cru Diversified Funds (the Arch cru Funds) in 2009, FSA has worked with Capita Financial Managers Limited, BNY Mellon Trust & Depositary (UK) Limited and HSBC Bank plc on the establishment of a £54 million package which, together with partial distributions already made, should pay back to investors a substantial amount of their investment