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PRA fines Metro Bank £5.3m for governance failings

The Prudential Regulation Authority has fined Metro Bank £5.376m for governance failings.

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Chancellor appoints 3 new members of PRC

 

Chancellor Rishi Sunak has appointed three industry stalwarts as new members of the Prudential Regulation Authority’s governing body, the Prudential Regulation Committee.

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CEO pays 'excessive remuneration' to wife to cut tax

The FCA and the Prudential Regulation Authority (PRA) have banned and fined Stuart Malcolm Forsyth, the former CEO of a small mutual insurer, £78,318 and £76,180 respectively.

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Mark Neale to step down as FSCS CEO

Mark Neale, chief executive of the Financial Services Compensation Scheme (FSCS), will step down on 3 May 2019 after nine years in the role.

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