Statement regarding the leaked FCA S166 report on RBS’s Global Restructuring group. Importantly, the leak corroborated the Tomlinson report, Buzzfeed and the BBC, outlining that...
Alexandra Rogers reports on the Former business secretary Sir Vince Cable’s comments on the Financial Conduct Authority (FCA). He described the FCA as using Maxwellisation – a process whereby individuals...
Flagging a “large number of investigations”, Mark Steward, the head of enforcement at the Financial Conduct Authority, pledged to use the “full intention” of rules that cover the laundering of...
Prem Sikka, a Professor of Accounting at University of Sheffield, outlines why the audit industry needs change. Leftfootforward
Bloomberg reports that the Financial Conduct Authority employed seven staff to interview whistle-blowers, assess their information and pass details to other parts of the agency in 2018, according to...
Ruth Sunderland calls for an investigation to be launched, not only into its own behaviour regarding LCF, but also into whether the rules covering mini-bonds give consumers adequate protection....
Royal Bank of Scotland is aiming to wind down the remainder of about £1bn in controversial bank loans held by local authorities across the country, after criticisms that high payments have diverted cash...
Common Space has reported on City of Edinburgh Council utilisation of the ‘statutory override’, which is a legal mechanism to waive compliance with international accounting standards. Statutory overrides...
Paul Rogerson express his distain at the banking lobby striving to thwart the establishment of a Financial services tribunal for SMEs ill-treated by their lenders. At WRM we believe the only way forward...