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FSA equipped with new immunity power

The Financial Services Authority (FSA) has welcomed the proposals announced by the government to give it new statutory powers, including the power to grant immunity, when investigating criminal cases such as insider dealing.

The proposed change will be made to the Serious Organised Crime and Police Act 2005 which will be amended by a provision in the Coroners and Justice Bill published today.

Commenting on the proposed

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How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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