Sants resignation leaves confusion at FSA
Hector Sants has resigned as head of the City watchdog, in a dramatic move that throws the direction of financial regulation into question
2010. February 9. 21:31
New FSA pay rules to cover 2,500 firms [Telegraph.co.uk] Jul. 29. 23:06 Tough new rules on bankers' bonuses could be extended to cover 2,500 financial services companies, including hedge funds, under proposals announced by the City watchdog. King wants public service regulators when FSA winds down [Telegraph.co.uk] Jul. 28. Mervyn King is looking for a new breed of regulators focused on public service and not huge banking-style pay packages when responsibility for financial regulation transfers from the Financial S... FSA fines former Northern Rock finance chief [FT.com] Jul. 27. David Jones has been fined320,000 and banned from working in the City for misreporting mortgage arrears figures the third executive at the bank to face punishment for the episode FSA investigates Connaught director's share sale ahead of profits warning [Telegraph.co.uk] Jul. 23. The Financial Services Authority has launched an investigation into the Connaught director who sold shares just two days before it issued a major profits warning. Gartmore star quits over FSA probe [FT.com] Jul. 14. Guillaume Rambourg plans to devote all of his attention to co-operating with the FSA's investigation on breaches of internal trading rules and regain approved status FSA boss warns against quick fix [BBC NEWS] Jul. 13. The head of the UK financial watchdog warns the recovery could be undermined if new regulation is introduced quickly. Self-certification mortgages likely to be banned by FSA [Telegraph.co.uk] Jul. 12. Self-certification mortgages to be outlawed by the FSA. FSA bans three men for£2m fraud [Telegraph.co.uk] Jul. 8. Three men working in the UK insurance industry have been banned by the Financial Services Authority for their role in a£2m fraud. FSA to seek exemption for the City from from tough EU pay rules on bankers' pay [Telegraph.co.uk] Jul. 7. The City watchdog is considering whether Britain can claim exemption from EU laws that will introduce the toughest pay restrictions in the world. FSA acts on with-profits providers [FT.com] Jun. 30. The Financial Services Authority launches enforcement investigations into two unnamed businesses for governance and management failings that exposed policyholders to 'particularly acute' risks FSA gives warning to with-profits insurers [Telegraph.co.uk] Jun. 29. The City regulator has launched investigations into two so-far unnamed insurance companies after warning that the sector must improve its with-profits operations or face heavy fines. FSA supervisory chief to quit ahead of restructure [FT.com] Jun. 28. The Financial Services Authority has lost the second of its two managing directors as it prepares to split itself in two to comply with the new government's plan to shake up financial regulation
