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FSA wins case against former CEO who "lacked integrity"

The Financial Services Authority has won its case before the Financial Services and Markets Tribunal to ban former Mr Milan Vukelic from working in the financial services industry in the UK. The Tribunal found that Mr Vukelic's actions whilst CEO of Alternative Solutions lacked integrity.

The AltSol business unit was established by Berkshire Hathaway's General Reinsurance Corporation to develop and market financial reinsurance products.

In a statement the FSA said: "These are complex

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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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