Hector Sants calls time on FSA’s ‘light touch’ regulation Last night at Oxford University’s Saïd Business School, the Financial Service Authority’s (FSA) outgoing chief executive, Hector Sants, tore up the UK regulators old “light touch …
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Hector Sants calls time on FSA’s ‘light touch … – Daily Telegraph
It said it would work with the OFT and Financial Services Authority to create a new framework for fairer bank charges, but warned it would take action if a voluntary agreement with the banks could not be reached. Martin Lewis, creator of …
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Richard and Judy – Daily Express
July 27, 2007: The OFT and seven banks and a building society announce they are jointly bringing a test case to the High Court to establish the law on unauthorised overdraft charges. The Financial Services Authority (FSA) issues a waiver allowing …
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Bank charges ruling: timeline of main events – Daily Telegraph
Interfering with bankers’ contracts is a “dangerous route to go down”, a former chairman of Royal Bank of Scotland has told the BBC. Sir George Mathewson said that he thought the Financial Services Authority (FSA) already had enough powers to …
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Bonus crackdown plan ‘dangerous’ – BBC Business
The Financial Services Authority takes over regulation of the way banks treat their customers, bringing new service rules into force. Under the reforms, account holders could expect swifter transactions and account corrections, but bank charges are …
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UK banks subject to rules reforms – BBC Business
