FSA publishes guidance for businesses to avoid unfair contract terms
The Financial Services Authority (the FSA – the financial services regulator in the UK) has issued guidance on the Unfair Terms in Consumer Contracts Regulations 1999, which are intended to limit...
View ArticleFSA warns price comparison websites to consider regulated activity...
The Financial Services Authority has written to financial price comparison websites to warn them of the need to consider whether they are taking part of regulated activity and therefore need a licence...
View ArticleFreezing orders – cross undertaking in damages for third party banks
This case raised an interesting point, of potentially wide application, relevant to all FSA injunctions and of potential relevance to many injunctions sought by other regulators or public enforcement...
View ArticleWhat happens if a legal mortgage over a residential property is taken in...
Where the underlying main loan secured on land is to be used in connection with a dwelling by the borrower, then it will be a regulated mortgage contract. Section 23 (1) of the Financial Services and...
View ArticleFSA announces more convictions for insider dealing
The Financial Services Authority (FSA) recently demonstrated its toughened stance against illegal insider dealing in its prosecutions against Malcolm Calvert and his accomplice, Bertie Hatcher. Facts...
View ArticleMortgage arrears handling
The Financial Services Authority has published proposals to strengthen existing rules on arrears handling. The key arrears proposals: Make plain that firms must not add early repayment charges on...
View ArticleFSA findings of market abuse upheld
The Financial Services and Markets Tribunal (FSMT) published a decision on 11 January 2010 which upheld findings made by the Financial Services Authority (FSA) on market abuse by a research analyst and...
View ArticleMortgage review
The FSA has published proposals for the major reforms required in the UK mortgage market to ensure that it works better for consumers and is sustainable for all market participants. The proposals,...
View ArticleNew retail banking conduct regime now in force
The FSA implemented its new retail banking conduct regime on 1 November 2009. It will apply to UK authorised banks, building societies, e-money issuers and credit unions. The FSA now has the...
View Article![BLACKPINK – DEADLINE – EP [iTunes Plus M4A]](http://is1-ssl.mzstatic.com/image/thumb/Video211/v4/de/b3/b1/deb3b1d4-ba28-22e8-2428-ef97617b2a4b/90d54d743002a6d66308f217cd867947_Preview_Image_Intermediate_nonvideo_sdr_426725135_2574858051.png/316x316bb.webp)
