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FSA appoints enforcement director

The Financial Services Authority (FSA) has appointed Margaret Cole, partner in the London office of the international law firm White & Case, as its new director of enforcement.

FSA Chief Executive, John Tiner, said: "Margaret is one of the City's most experienced and respected financial services litigators.  I am delighted that she has agreed to lead this important element

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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