The FCA has won its long-running legal battle against the fund manager behind the collapsed Arch cru range, paving the way to a ban and fine against the directors totalling £850,000. The legal challenge began back in December 2012 under the FSA when decision notices were issued against Arch Financial Products chief executive Robin Farrell […]

The Financial Conduct Authority (FCA) has published a Decision Notice in respect of the provisional decision by its predecessor, the Financial Services Authority (FSA), to fine a former non-executive director of two UK mutual societies, Angela Burns, £154,000 and banning her from performing any role in regulated financial services for breach of Statement of Principle […]