Tag Archives: fsa


FSA bans long-term guaranteed bonuses

Forbes – Britain’s financial regulator on Wednesday banned guaranteed banker bonuses of more than one year, as it leads a global crackdown on a culture of excessive risk-taking that has destabilised economies. The Financial Services Athourity (FSA), which has been […]

FSA to triple some fines

Reuters UK – Britain’s Financial Services Authority (FSA) plans to triple some of the fines it imposes on financial sector wrongdoers as part of a crackdown on offences such as mis-selling and insider dealing. The bigger fines are designed to […]

Darling warns banks of return to risk-taking

Times Online – Alistair Darling has warned that he will impose tougher regulation to avoid a repeat of the banking crisis amid fears of a return of the bonus-driven, risk-taking culture in the City. The Chancellor told The Independent newspaper […]

UK FSA Extends Reporting for Short-Selling Financial Stocks

Bloomberg – Hedge funds and other investors who short-sell shares in Britain’s financial companies must continue to disclose their trades, the U.K.’s financial regulator said. A reporting requirement put in place by the Financial Services Authority in January will continue […]

Weavering Capital collapses over mystery trade

Times Online – Weavering Capital, one of London’s oldest hedge funds, was today in the hands of liquidators just a week after it discovered that its flagship fund’s main investment was a derivatives trade with an offshore company controlled by […]

Financial watchdog out to clip the hedge funds

Times Online – Secretive hedge funds will eventually be subject to the same supervisory rules as banks, under a tightening of Britain’s system of regulation. The changes, which will require banks and other lenders to build up their reserves in […]

A Graphical Look at Hedge Fund Leverage

Seeking Alpha – Britain’s Financial Services Authority (FSA) recently found that hedge fund leverage was nearly extinct (for now). In what is billed by the FT as the “only authoritative data on the opaque industry”, the FSA found that the […]

FSA faces multimillion claim for failing to stop Terry Freeman trading

Times Online – The Financial Services Authority is facing a multimillion-pound compensation claim from a group of investors who say that the City watchdog failed to stop the activities of a suspected rogue trader. Former clients of GFX Capital Markets, […]

Big Falls in Hedge Fund Borrowing

Financial Times – Hedge funds cut their borrowing to almost nothing in the wake of the collapse of Lehman Brothers, according to research by the City watchdog. Data compiled by the Financial Services Authority show that leverage fell to just […]

U.K. Plans to End Ban on Shorting

The Wall Street Journal – The U.K.’s markets regulator plans to end its ban on short selling of financial stocks. The Financial Services Authority said Monday that it would continue to ask hedge funds, which said the ban had hurt […]

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