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FCA statement on Quindell PLC
- 24/06/2015
- Posted by: Simon Wait
- Category: News
The Financial Conduct Authority (FCA) notes the statements issued this morning by Quindell PLC. The FCA can confirm that it has commenced an investigation into Quindell PLC under the Financial Services and Markets Act 2000 in relation to public statements made regarding Quindell’s financial accounts during 2013 and [...] -
FCA call for mergers across motor industry
- 13/05/2015
- Posted by: Simon Wait
- Category: News
The FCA has released an independent report that makes the case for a sharing of core components on a global scale, including engines and transmissions, by car manufacturers. The presentation puts forward the argument for a mass merging of engineering and development and even a merging of factories between brands. [...] -
FCA review reveals finance shortcomings
- 11/05/2015
- Posted by: Simon Wait
- Category: News
A Financial Conduct Authority (FCA) review has revealed that insurers and insurance intermediaries are not always providing customers with clear information about the different payment options available, when buying general insurance products. The FCA thematic review of premium finance focused on the online sale of [...] -
MPs question Quindell’s share dive
- 16/03/2015
- Posted by: Alan Feldberg
- Category: News
The Independent has reported that the FCA is facing mounting pressure to reveal details of its investigation into a ‘deeply worrying’ allegation of market abuse by Quindell, that left hundreds of retail investors with huge losses. Vince Cable, the business secretary, and Andrew Tyrie, chairman of the Treasury [...]