Compliance News
Compliance Training in West Yorkshire
Compliance Consulting Associate Martin Fawcett reports
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Submitted by {Douglas Martin Partnership} on Wednesday 7th April 2010
Financial Compliance: Hector Sants New Approach
Delivering the right regulatory framework
Submitted by Speech by Sheila Nicoll Association of Luxembourg Funds Industry (ALFI) 25th March 2010 on Wednesday 31st March 2010
Insurance Compliance - Regulatory Compliance
PPI complaints still rising
Submitted by Daily Mail on Wednesday 23rd December 2009
Mortgage Compliance - Compliance Training
FSA Mortgage Market Review, The FSA have proposed new reforms in the discussion paper and are suggesting that a smaller role for the specialist lenders that rely on intermediaries, The review also goes on to say that mortgage lenders and mortgage intermediaries should carry out detailed affordability assessments on all mortgage cases including calculating 'free disposable income' after outgoings. Intermediaries will still have to carry out their own affordability assessments including non-advised sales, and interest-only mortgages assessed for affordability at repayment level. The discussion paper also suggests limits on withdrawing equity from borrowers' homes and Buy to let mortgages and 2nd charge mortgages to be regulated by the FSA.
Submitted by {Compliancetraining.uk.com} on Tuesday 27th October 2009
Regulatory Compliance
FSA warns small firms considering using consolidation business
Submitted by {FSA} on Tuesday 20th October 2009
Regulatory Compliance should be simplified
All new business regulation must be stopped with red tape simplified
Submitted by {Federation of Small Businesses} on Monday 5th October 2009
Mortgage lenders may face further losses from fraud
Experts warn of further home loan fraud losses
Submitted by {Source : Financial Times page 3} on Tuesday 25th August 2009
FSA proposes bigger fines
The Financial Services Authority (FSA) has outlined plans to hit firms and individuals who breach rules or cheat customers with harsher penalties.
Submitted by {director of enforcement at the FSA} on Tuesday 7th July 2009
Regulatory Compliance for Sale and Rent Back Schemes
Sale and rent back schemes involve individuals selling their home, usually at a discount, and obtaining an agreement to remain in the property for a set period
Submitted by {Source: FSA} on Tuesday 7th July 2009
Current financial stability
The current financial stability regime is a "disaster"
Submitted by {FOR-PMI Ltd} on Tuesday 2nd June 2009
Financial Services Authority
Regulator fines third Morgan Stanley trader
Submitted by {The Guardian} on Wednesday 27th May 2009
FSA News
Financial Services Authority issue newsletters on various topics
Submitted by {Financial Services Authority} on Monday 11th May 2009
Common Platforms
With effect from 1 April 2009, the FSA extended the 'common platform' requirements to firms who are not currently subject to them i.e. 'non MiFID' firms.
Submitted by {Douglas Martin Associates} on Monday 11th May 2009
Systems and Controls
A 'conflict of interest' is a situation which may prevent services being provided to clients in an independent or impartial manner.
Submitted by {Douglas Martin Associates on Monday 11th May 2009
Compliance Training in West Yorkshire
FSA calls for more effective governance and risk management at firms click here
Submitted by {Source FSA} on Sunday 3rd May 2009