The BBC TV satire show That Was the Week That Was became one of the most popular TV shows in the early sixties. It was a late evening political satire which ruthlessly, but humorously, poked fun at politicians and Britain’s class-ridden society of the time. It was hugely influential and how we need its […]
Archives for July 2022
Scammers using fake FCA emails and phone calls
The FCA has warned that many scammers are using bogus emails, letters and phone calls purporting to be from the FCA to target authorised firms and consumers. With scams on the rise, the regulator has issued a detailed warning this week about the methods scammers are using and advised people to check details carefully before […]
Scammers using fake FCA emails and phone calls
The FCA has warned that many scammers are using bogus emails, letters and phone calls purporting to be from the FCA to target authorised firms and consumers. With scams on the rise, the regulator has issued a detailed warning this week about the methods scammers are using and advised people to check details carefully before […]
Pension transfer IFA fails after 34 claims
Glasgow-based IFA Cowley & Miller Independent Financial Services Limited has failed after the firm was hit with 34 claims from clients, most related to pension transfers. The Financial Services Compensation Scheme today declared the firm a failed business and opened the door to customers claiming compensation. The FSCS said 34 claims had so far been received. […]
Transact accepts wider range of e-signatures
Platform Transact is now accepting e-signatures from a wider range of electronic document providers with nearly all systems accepted. The company said in a newsletter to users this week that the move is part of its “strong progress” towards digital transformation for the company. The company says that 90% of its application submissions are now […]
Treasury hires Hong Kong regulator as new FCA chair
Ashley Alder – the CEO of Hong Kong’s Securities and Futures Commission (SFC) – is to become the new chair Financial Conduct Authority from January. He will replace Charles Randell who stepped down recently from his five year contract a year early. His appointment has been made by the Treasury which is responsible for selecting […]
SEC makes stealth FINRA oversight changes
“Would You Like to Round up for Charity?” 6 Facts to Know About Checkout Donations
You’re at the checkout counter, wallet in hand, preparing to pay for your purchase. But before you can, the cashier asks if you’d like to round up or make a donation for charity. Sound familiar? If so, you’re part of the millions of consumers hit with a request for checkout donations. And if your business […]
FSCS recovers £16m from failed firms
In 2021/22 the Financial Services Compensation Scheme (FSCS) recovered just £16m from the estates of failed firms. Of this £13m was used to offset levies whilst £3m was passed onto consumers whose claims were above FSCS limits, according to the compensation body’s annual report. The compensation body also revealed that it has paid out over […]
FSCS recovers £16m from failed firms
In 2021/22 the Financial Services Compensation Scheme (FSCS) recovered just £16m from the estates of failed firms. Of this £13m was used to offset levies whilst £3m was passed onto consumers whose claims were above FSCS limits, according to the compensation body’s annual report. The compensation body also revealed that it has paid out over […]