Industry News

Risk Management Industry News for FCA Regulated Businesses

Topics: Financial Services

Financial Ombudsman Service gains new powers

The Financial Ombudsman Service (FOS) can now hit firms with orders to pay higher levels of compensation and is also now accepting complaints from a wider group of SMEs. This should act as a stark warning – if customers are unhappy, then their...

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Topics: Risk Management, FSA, Blog, Financial Services

5 Risk Management Objectives: The FSA’s final annual report

The Financial Services Authority’s final annual report is published, the ‘twin peaks’ model is praised and the FSA’s key objectives are evaluated

The FSA have recently published their 2011-2012 annual report that will be their last in their current...

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Topics: Risk Management, Blog, Basel 3, Financial Services

Basel 3: A Risk Management Update

12th September 2010 saw the announcement of the new levels of capital reserves for Basel 3, the capital and liquidity package first proposed in December 2009. Basel 3 is a new regulation with the aim of preventing a repeat of the collapse in the...

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