Europe’s watchdog to hunt down rogue products

Among other activities, the Paris-based authority is warning of a potential ban on certain rogue products, on a pan-European basis, says Steven Maijoor, Esma chairman. This is part of its programme to protect the investor.


FSA hits Dubai-based investor with GBP4m fine

The Financial Services Authority has imposed its biggest-ever fine on an individual, ordering a Dubai-based investor to pay £6m for market abuse in a case involving Reliance Industries, the Indian conglomerate.