New regulatory regime will cost £86m more says FCA

The Financial Conduct Authority has published details today of its Annual Funding Requirement (AFR) for 2013/14 and says that a 15 % increase (equivalent to £86m) is required to meet additional costs for 'front line' staff, IT and support services. Read more...

FCA demands better customer service to restore trust in firms

Martin Wheatley, designate chief executive of the Financial Conduct Authority, believes good customer service needs to become the "bread and butter staple" of City firms. Read more...

FSA consults on LIBOR recommendations made by Martin Wheatley

The Financial Services Authority has proposed new rules for financial benchmarks following recommendations made in the Wheatley Review into LIBOR. Read more...

LIBOR recommendations to be implemented in Financial Services Bill

The Government has agreed to amend the Financial Services Bill to reflect recommendations made in the Wheatley Review into LIBOR. Read more...
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