BNET Business Dictionary

Business Definition for: FSA

  • Financial Services Authority

Wiktionary Definition for: FSA

  • #Financial Services Authority (UK)
  • #Flexible Spending Account

Additional Resources

FSA Fines UBS £8 Million
By Kirstin RidleyLONDON (Reuters UK) - Four former dealers at UBS UBS UBSN plundered customer accounts to trade and dumped the resulting losses on them, Britain's financial regulator said, further denting the battered Swiss bank's reputation.The scandal has cost UBS more than $55 million (33.2 million pounds) as the Financial...
Tags: Financial, UBS AG, FSA, Financial Accounting, Finance, Citigroup Inc., Oukbs, Royal Dutch Shell Plc.
News items 2009-11-05
FSA Warns on Ill-timed Regulatory Change
LONDON (Reuters UK) - The financial regulator said on Monday ill-timed reforms to the country's regulatory system could create new problems and risk losing lessons learnt over the past two years.The tripartite system of regulation -- which splits responsibilities between the Financial Services Authority, the Bank of England and the...
Tags: Financial, FSA, Financial Accounting, Finance, Oukbs
News items 2009-11-09
UK banks, FSA agree on new financial reporting code
Reuters LONDON -- UK banks, accused of being too opaque and complex in the run-up to the financial crisis, said on Monday they plan to simplify financial reporting and make it easier for investors to compare their performance. A code announced by the British Bankers' Association promises to avoid the...
Tags: disclosure, Financial, Disclosure
News items 2009-10-27
FSA fines mortgage lender GMAC £2.8m
GMAC-RFC has become the first mortgage lender to be fined by the Financial Services Authority for levying unfair charges on borrowers in arrears. The specialist lender, which had focused on subprime and self-certification loans, will have to pay a £2.8m penalty, the biggest mortgage-related fine ever imposed by the FSA,...
Tags: customer, Borrower, mortgage, lender
News items 2009-10-29
FSA Recruits "panthers" to Stalk Banks
LONDON (Reuters UK) - The Financial Services Authority FSA has appointed five senior "corporate panthers" to prowl the city of London and help it judge the competence of top banking executives and improve governance.The FSA named Dominic Cadbury, Sarah Hogg, Colin Marshall, Brian Pitman and David Scholey to bulk up...
Tags: Bank, Financial, Banking, Financial Accounting, Financial Services, Finance, Marshall, Oukbs
News items 2009-11-26
FSA office consolidation issue is brewing.
USDA has finally come clean--at least partially--on the issue of closing/consolidating Farm Service Agency FSA county offices. USDA said last week in a press release it has asked state FSA chiefs to submit consolidation proposals by Nov. 15 to FSA USDA has finally come clean--at...
Tags: U.S. Department of Agriculture
Research articles 2005-10-01
2007 FSA Suppliers Expo & Conference Exhibitor Profiles
SANTA CLARA, Calif. -- 2007 FSA Suppliers Expo & Conference takes place September 12 at the Santa Clara Convention Center. Below are profiles from 2007 FSA Suppliers Expo & Conference exhibitors. For in-depth information about the FSA Suppliers Expo & Conference, visit http://www.fsa.org/suppliers_expo/usa2007/. Business Wire is the official...
Tags: Business Wire, conference, E-mail, FSA
Research articles 2007-09-11
Fitch Affirms FSA's 'AAA' IFS, 'AA' Senior Debt Rating
NEW YORK -- Fitch Ratings-NY-June 6, 2005: Fitch Ratings affirms the 'AAA' insurer financial strength IFS rating of Financial Security Assurance Inc. FSA and the 'AA' senior debt rating of Financial Security Assurance Holdings Ltd. FSA Holdings. FSA Holdings, the parent company of FSA, is a subsidiary of Dexia S.A....
Tags: Fitch Ratings, FSA Holdings
Research articles 2005-06-06
Fitch Affirms FSA's 'AAA' IFS & 'AA' Senior Debt Rating
NEW YORK -- Fitch Ratings affirms the 'AAA' insurer financial strength IFS rating of Financial Security Assurance Inc. FSA and the 'AA' senior debt rating of Financial Security Assurance Holdings Ltd. FSA Holdings. FSA Holdings, the parent company of FSA, is a subsidiary of Dexia S.A. Dexia, a Belgian financial...
Tags: Fitch Ratings, FSA Holdings
Research articles 2006-09-18
Fitch Assigns 'AAA/AAA' IFS Ratings to FSA Seguros Mexico
NEW YORK -- Fitch Ratings has assigned the following Insurer Financial Strength IFS rating and a national IFS rating to FSA Seguros Mexico, S.A. de C.V. FSA Mexico: FSA Seguros Mexico, S.A. de C.V. --Insurer Financial Strength IFS 'AAA'; --National IFS 'AAAmex'. FSA Mexico is a...
Tags: Fitch Ratings
Research articles 2007-10-01
Fitch Affirms FSA's 'AAA' IFS Ratings Following Review of Subprime Exposure
NEW YORK -- Fitch Ratings has affirmed the following ratings of Financial Security Assurance Holdings Ltd. and its operating subsidiaries FSA, with a Stable Rating Outlook: Financial Security Assurance Inc. FSA Insurance Co. FSA International Ltd. Bermuda FSA UK FSA Seguros Mexico, S.A. de C.V....
Tags: Fitch Ratings, FSA Insurance Co. FSA International Ltd.
Research articles 2008-01-24
Fitch Rates FSA's Junior Subordinated Debentures 'AA-'; Outlook Stable
NEW YORK -- Fitch Ratings assigns an 'AA-' rating to Financial Security Assurance Holding Ltd.'s FSA Holdings $300 million junior subordinated debentures with a scheduled maturity date of 2036 and a final payment date of 2066. Fitch also affirms the 'AAA' insurer financial strength IFS rating assigned to Financial Security...
Tags: Fitch Ratings, FSA Holdings
Research articles 2007-03-02
Fitch Rates FSA Holdings' $155 Million Debt Issue 'AA'
Business Editors NEW YORK--BUSINESS WIRE--Nov. 6, 2002 Fitch Ratings assigns an 'AA' long term debt rating to the 100-year, 6.25%, $155 million callable debt of Financial Security Assurance Holdings Ltd. FSA Holdings. FSA Holdings is a wholly owned subsidiary of Dexia S.A. Dexia, a Franco-Belgian banking group. Financial...
Tags: Fitch Ratings, FSA Holdings
Research articles 2002-11-06
Nomura Fined £1.75 Million By FSA
By Kirstin RidleyLONDON (Reuters UK) - Japanese brokerage Nomura has been fined 1.75 million pounds by the Financial Services Authority after one of its Hong Kong traders helped trigger an over-valuation of complex financial instruments.The FSA on Tuesday cited Nomura's widespread and prolonged systems and controls failings that allowed instruments...
Tags: Trader, Financial, Nomura, Financial Accounting, Finance, FSA, Oukbs
News items 2009-11-24
FSA picks pair for Prudential roles.
New directors have been appointed by the FSA. Colin Lawrence is director of the FSA's newly created prudential risk division and Paul Sharma is director of wholesale and prudential policy. . Joy Dunbar New directors have been appointed by the FSA. Colin Lawrence is ...
Tags: Prudential Insurance Company of America
Research articles 2008-03-20
RBS landed with GBP750,000 FSA fine.(Royal Bank of Scotland fined over faulty internal money laundering controls)(Brief Article)
The FSA has fined the Royal Bank of Scotland GBP750,000 for money laundering control failings. It was the first financial penalty for this reason since the regulator acquired the power to fine in December 2001. RBS asked the FSA to investigate its sy The FSA has...
Tags: RBS, Royal Bank of Scotland
Research articles 2002-12-19
2005 FSA Suppliers Expo TAIWAN Exhibitor Profiles
TAIPEI, Taiwan -- 2005 FSA Suppliers Expo TAIWAN takes place Nov. 2 at the Taipei International Convention Center. For in-depth information about the event, visit http://www.fsa.org/suppliers_expo/taiwan/. Below are profiles from 2005 FSA Suppliers Expo TAIWAN exhibitors; breaking news releases are available at http://www.tradeshownews.com, Business Wire's trade show, conference and...
Tags: Business Wire, CMOS, E-mail, HARDWARE, Impinj Inc., manufacturing, MARKETING, Semiconductors, supplier, Tower Semiconductor Ltd., Web
Research articles 2005-11-01
FINANCIAL SERVICES AUTHORITY: FSA conference opens debate on future challenges for European regulation
M2 PRESSWIRE-2 June 1998-FINANCIAL SERVICES AUTHORITY: FSA conference opens debate on future challenges for European regulation C1994-98 M2 COMMUNICATIONS LTD RDATE:010698 At a conference hosted today by the Financial Services Authority FSA, the challenges and opportunities faced by European financial regulators in European markets...
Tags: Bank of England, conference, Government, Regulations, regulator, SOFTWARE, supervision
Research articles 1998-06-02
Technology can help establish Best Practices and meet FSA regulations.
M2 PRESSWIRE-20 September 2005-ISO: Technology can help establish Best Practices and meet FSA regulationsC1994-2005 M2 COMMUNICATIONS LTD RDATE:20092005 The FSA regulations may have caused some changes throughout the insurance industry, but Joe Pendle of ISO argues here that by using new...
Tags: FINANCE, FSA, Government, Insurance, ISO, Regulations, Technology, training
Research articles 2005-09-20
Make a Difference: Vote in the FSA County Committee Elections
The election of agricultural producers to Farm Service Agency FSA county committees is important to all farmers and ranchers with large or small operations. It is crucial that every eligible producer participate in these elections because FSA county committees are a direct link between the agricultural community and the U.S....
Tags: ballot, FINANCE, U.S. Department of Agriculture
Research articles 2006-10-01