View more on these topics

FSA signs agreement with the CFTC

The Financial Services Authority has signed a Memorandum of Understanding with the United States’ Commodities and Futures Trading Commission to strengthen cooperation on the exchange of regulatory information.

The MoU was signed by Reuben Jeffrey III, CFTC chairman, and Callum McCarthy, FSA Chairman, at the third IOSCO technical conference in London.

McCarthy says: “This agreement builds on and strengthens the existing regulatory framework for information exchange between our two institutions as part of our day to day supervision of our respective financial markets.

We already work very closely with the CFTC and this MoU will further facilitate that process by setting out the basis for our continued co-operation in this crucial area.”


Lenders should cherish their clients, not push them away

From Andrew Botte Why do lenders give their existing customers such a raw deal? I have recently had two prime mortgage cases, one with Abbey and the other with Alliance & Leicester. The first case has been with Abbey for the past two years and come up for mortgage review. The customer came in to […]


Paymentshield sorted me out but others are still waiting

From Eddie Royce I think it is appropriate to respond to recent letters and thank Paul Thompson for his considerate comments while explaining to Harry Katz (Mortgage Strategy November 13) that I am an IFA. But I would also like to clarify my earlier comments regarding Paymentshield. I ’fell in love’ with Paymentshield some years […]

Almost half of advisers to incorporate REITs into portfolios

44% of financial advisers plan to incorporate UK REITs into their investment clients portfolios when they launch in January 2007. This is an increase of 10% in the past six months, reflecting a growing understanding and appetite for REITs.The results are part of a larger independent research project commissioned by and carried out by […]

Remortgaging bubble starts to deflate

It seems the obsession with remortgaging could be fading, given the latest figures from the Council of Mortgage Lenders. They reveal that remortgaging reached its lowest level for five years in September. That month it accounted for just 30% of the market by value – a big drop from 42% at the same time last year.

How to use wills to protect your clients’ wishes

March was Free Wills Month! Free Wills Month brings together a group of well-respected charities to offer members of the public aged 55 and over the opportunity to have their simple wills written or updated free of charge by using participating solicitors in selected locations around England and Wales. Research by the Law Society* highlighted that only 64 […]


News and expert analysis straight to your inbox

Sign up