Financial Services Authority (FSA)

The KIS of life?

Keydata Investment Services was placed into a speedy administration by the UK's Financial Services Authority on June 8 on the grounds of insolvency. All new business was suspended and a temporary suspension of payments on policies was imposed by the UK…

Delighted with deposits

Newcastle Building Society has been gradually building up its structured deposit business, including the launch of a new intermediary services arm in 2008. With the FTSE 100 index climbing and deposits backed by the government, the society is right to be…

Reporting riddle

A requirement by the UK Financial Services Authority for financial institutions to run regular reports on their liquidity positions from next year has raised a number of operational challenges. Is this fuelling a move towards enterprise risk management?…

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