Please enable JavaScript.
Coggle requires JavaScript to display documents.
HBOS NBS GTEP (Integrity FSA Forced Liquidation
Rosenblatt Email re IFS…
HBOS NBS GTEP
Integrity & 5 IFAs Go BustDropbox Link
-
FCA Persecute Iain Stamp and Stargate
UKITI wrongly accused by FCA of providing regulated services and breaching the General ProhibitionStargate CM and UKITI take FCA to Upper Tribunal Supervisory Notice for Stargate
-
-
-
-
Integrity Financial Promotions. Brochure, Interactive Illustration, Template Suitability LettersIntegrity Financial Promotions IFA Interactive Illustrations The Integrity interactive illustration adjustments can be made to the TEP bonus rate
TEP bonus rate of 90%
TEP bonus rate of 80%
IFA presentation The Product Providers should have created Product Brochures under FSA COBS
-
-
-
-
-
-
Integrity Suitability LettersDropbox
HBOS Remediation Offer
-
-
HBOS NBS FSA Outsource Obligations
SYSC 13.9 Outsourcing
"a firm cannot contract out its regulatory obligations"
FCA Link
Integrity Complain to HBOS, Treating Customers Fairly
Dropbox Link
HBOS Integrity TEP Factory AgreementsDropbox
-
-
-
-
-
-
-
-
Product Provider FSA FCADropbox Link
FSA Product Providers RPPDInternet
Providers and distributorsWhat if the definition of
provider and distributor is not
straightforward?
The FCA is clear on responsibility here, saying that ‘Firms
should look at the roles they play in providing and distributing a
product, and work out which responsibilities apply. Ultimately,
responsibility flows from the role the firm undertakes – not the
label attached to it’What a firm does defines themLink TitleProduct Provider Definition
HBOS NBS Product Providers
FCA Handbook
HBOS FCA Permissions
Arranging safeguarding and administration of assets
Customer Type
Eligible Counterparty
Professional
Retail (Investment)
Investment Type
Certificates representing certain security
Commodity Future
Commodity option and option on commodity future
Contract for Differences (excluding a spread bet and a rolling spot forex contract)
Debenture
Funeral plan contract
Future (excluding a commodity future and a rolling spot forex contract)
Government and public security
Life Policy
Option (excluding a commodity option and an option on a commodity future)
Personal pension scheme
Rights to or interests in investments (Contractually Based Investments)
Rights to or interests in investments (Security)
Rolling spot forex contract
Share
Spread Bet
Stakeholder pension scheme
Unit
Warrant
Limitation
Rights to or interests in (both).
-
-
-
Hector Sants FSA FCA Barclays Bank
“What we fear of doing most is usually what we need to do most.” Ralph Waldo Emerson
Hector Sants censured
-
-
-
-
-
-
-
-
-
-
-
-
Legal systems, a precedent or authority is a legal case that establishes a principle or rule.Dropbox Link
-
-
FCA Andrew Green QC List of Interviewees
- Peter Cummings (2 May 2014)
- Tracey McDermott (19 May 2014)
- Ms Williams*, FSA manager, HBOS Supervision Team (20 May 2014)
- Mr Taylor*, Enforcement Relationship Manager (20 May 2014)
- Ms Evans*, FSA chief Counsel (21 May 2014)
- Clive Adamson (22 May 2014)
- Sir Hector Sants (24 June 2014)
- Mr Jones*, manager Enforcement (25 June 2014)
- Mr Walker*, Head of Department, Retail 1 Enforcement (27 June 2014)
- Mr Smith*, (30 June 2014)
- Margaret Cole (8 July 2014)
- Ms Thomas*, FSA manager, HBOS Supervision Team (10 July 2014)
- Mr Johnson*, Head of Department, Supervision (10 July 2014)
- Jon Pain (28 July 2014)
- Mr Hall*, Head of Department MRGD Supervision (27 August 2014)
Green Report
NBS FCA PermissionsArranging safeguarding and administration of assets
Customer Type
Retail (Investment)
Investment Type
Certificates representing certain security
Debenture
Government and public security
Rights to or interests in investments (Security)
Share
Unit
Warrant
Limitation
Rights/interests - sec ltd to securities listedNBS FCA Register Entry
HBOS FCA Notices Andrew Green QCFCA link
Iain Stamp FSA FCA Persecution Prezi
Integrity HBOS Unfair Customer Treatment 2008
Dropbox
Katrina Stamp CF10 FSA LettersDropbox
-
IFA Final Notices No Integrity GTEP ProductDropbox
-
FSCS Pay Out In ErrorFSCS payments are made in error, Integrity is classified by FSCS under Investment Intermediation class but it only "arranges" GTEPs for its own customers circa 10% of the total GTEP population. External IFAs "arrange" 90% of the total GTEP populationFSCS Intermediation
-