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>> FINANCIAL CONDUCT AUTHORITY Latest News

OCT 17, 2014 - FT Alphaville

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Guest post: One virtual account number to rule them all

By David Birch, a director of the secure electronic transactions consultancy, Consult Hyperion. He is an internationally-recognised expert in digital identity and digital money. The Financial Conduct Authority (FCA) has just launched an investigation into the Current Account Switching System (CASS) that the UK banks were forced to implement a year ago. Interestingly, though, they are also reviving an idea ...

Tags: Guest post: One virtual account number to rule them all,  Financial Conduct Authority Latest News

OCT 16, 2014 - TheStreet

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Will UBS (UBS) Stock Be Helped Today by DOJ Settlement Talks?

NEW YORK (TheStreet) -- UBS ais in talks with the Department of Justice to resolve allegations it manipulated the foreign exchange marketaas authorities worldwide look to bring their first cases by the end of the year, sources told the Financial Times. If a deal is struck, the Swiss bank would become the first lender to settle with the DOJ since ...

Tags: Will UBS (UBS) Stock Be Helped Today by DOJ Settlement Talks?,  Financial Conduct Authority Latest News

OCT 15, 2014 - Huffington Post

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How Public Education Dollars Are Flowing Into For-Profit Companies

Versions of this story were co-published with The Daily Beast, Raleigh News & Observer and Charlotte Observer. In late February, the North Carolina chapter of the Americans for Prosperity Foundation — a group co-founded by the libertarian billionaire Koch brothers — embarked on what it billed as a statewide tour of charter schools, a cornerstone of the group's education agenda. ...

Tags: How Public Education Dollars Are Flowing Into For-Profit Companies,  Financial Conduct Authority Latest News

OCT 14, 2014 - BBC

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Regulator to tackle investment scams

The Financial Conduct Authority is so concerned about scam merchants targeting the elderly that it is launching a major publicity campaign.

Tags: Regulator to tackle investment scams,  Financial Conduct Authority Latest News

OCT 14, 2014 - Yahoo! News

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British banks award only 38 percent from mis-sold swaps refund pot

By Matt Scuffham LONDON (Reuters) - Britain's biggest banks have paid out less than 40 percent of the 4 billion pounds ($6.4 billion) set aside to cover the mis-selling of complex interest rate hedging products, according to data from the financial regulator. The Financial Conduct Authority (FCA) last year ordered banks to review 29,500 cases for possible mis-selling after finding ...

Tags: British banks award only 38 percent from mis-sold swaps refund pot,  Financial Conduct Authority Latest News