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Financial Services Regulatory update, 29 April - 12 May 2015

Welcome to TLT's Financial Services Regulation round up. In each edition we summarise the latest regulatory news, focusing specifically on regulatory reform, consumer credit, the Financial Ombudsman Service, advertising, insurance, mortgages, banking and payments, and give a round up of industry news.

Among the stories we cover this week are: 

  • FCA criticises insurers in thematic review;
  • Ulster Bank admits it was at fault over 100% mortgages initiative;
  • HSBC and Standard Chartered under pressure from shareholders to move HQs overseas;
  • Reuters suggests treasury may sell off RBS shares at a loss; and
  • Settlements delayed in forex-rigging investigation.

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