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FCA to review authorisation information causing confusion

The FCA will review information on its website about part of its authorisation process the Complaints Commissioner says is causing confusion. The information that will be reviewed relates to “minded to refuse” letters, which are sent to firms or individuals outlining the reasons why the regulator is considering refusing their application for authorisation. In the Complaints […]

MPs: We have ‘lost confidence’ in TSB chief

The Treasury select committee says it has ‘lost confidence’ in the leadership of TSB chief executive Paul Pester for failing to tackle a string of IT failures at the bank. The MPs believe that Pester did not give adequate explanation of the problems faced and how to solve them at a hearing earlier this week, […]

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