The Financial Services Authority (FSA) has proposed to ban the promotion of unregulated collective investment schemes (UCIS) to the vast majority of retail investors.

Plans to allow the new financial regulator to publish warning notices about enforcement action have been branded as "unjust and dangerous" by a Conservative peer.

The Financial Services Compensation Scheme (FSCS) has declared 21 investments firms in default, including a number of independent financial advisers and mortgage brokers.

A former investment banker and his wife have been ordered to pay more than £1.5m for their benefits from insider dealing and warned they may have to serve extra jail time if they fail to do so.

A compliance officer has received a partial prohibition from the Financial Services Authority (FSA) for failing to prevent unregulated collective investment scheme (UCIS) mis-selling by one of his firm's directors.

The Financial Services Authority (FSA) has warned of a second man contacting firms pretending to be from the regulator.

Resolution has confirmed it will make no more acquisitions and abandoned plans to split Friends Life after revealing a 58% fall in profits.

The Financial Services Authority (FSA) has warned that most crowdfunding schemes should only be targeted at sophisticated investors, amid concerns about their risk and complexity.

The Financial Services Authority (FSA) will today suggest scrapping LIBOR and replacing it with a borrowing rate based on actual trades, it has been reported.

The FSA has prohibited a former financial adviser from performing any regulated activities for failings related to unregulated collective investment schemes (UCIS).