All Articles in Financial services

The FSA dealt a hefty fine to Liverpool Victoria Banking Services for breach of its Principles for Businesses in misleading thousands of customers into buying payment protection insurance for their…

The Financial Services Authority is reviewing its enforcement approach and has published a consultation paper on “Transparency as a regulatory tool”. Has it decided finally to follow the ASA example…

In no less than five recent cases, the ASA has upheld complaints about debt counselling service ads. In each instance Individual Voluntary Arrangements were promoted as a panacea for financial…

Marketinglaw has often called on the FSA to open up its regulatory books and report publicly, a la Advertising Standards Authority, on its financial promotions investigations. Now the House of…

The financial regulator’s ‘Treating customers fairly’ mantra will be taken even more seriously after a near half million pound fine on telephone sellers of payment protection insurance. What are the…

The FSA has fined The Ancient Order of Foresters Friendly Society £55,000 for financial promotions failings in a multimedia campaign featuring amongst others ‘Groundforce’ star Tommy Walsh.   Topic: Financial promotions Who: The…

The TV ad small print said the rate was linked to Bank of England base rate and variable, but the voiceover and other onscreen text suggested otherwise. How did the…

At a recent conference at which Osborne Clarke financial services partner Paul Anning spoke, the FSA confirmed its continuing concern with financial promotions and identified its thematic focuses for 2005-06.…

The FSA continues to focus on financial promotions with more enforcement action. The target here was an independent financial adviser approving misleading financial promotions. The fine was well into five…

Following MP’s concerns, the DTI has launched an investigation into the unsolicited sending of credit card cheques to card holders. What are the concerns and are the tighter restrictions than…

As an OFT-commissioned survey indicated worrying levels of non-compliance with consumer credit advertising regulations, it was high time the final version of the OFT’s Guide to the Regulations was published…