AIFMD - summary of level 2 measures and proposed UK implementation *

United Kingdom - February 25 2013
On 19 December 2012, the Commission finally published the level 2 draft Regulation, forming part of the implementation phase of the Alternative…

Co-authors: Ash Saluja .

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Dealing with conflicts - FSA puts the spotlight on the asset management sector *

United Kingdom - November 15 2012
Protecting clients against conflicts of interest has now become one of the key priorities for the FSA.

Co-authors: Ash Saluja .

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IFAs: High Court quashes FSCS decision on compensation for negligent mortgage advice *

United Kingdom - November 7 2012
On 11 October 2012, the High Court handed down judgment in a judicial review of a decision of the FSCS which potentially has far-reaching consequences for FOS complaints about advice in relation to unregulated investments.

Co-authors: Maxine Cupitt , Simon Garrett, Stuart Treadaway.

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PRA's approach to the supervision of banks and insurance companies *

United Kingdom - October 18 2012
This week, the FSA and the Bank of England published two papers setting out the PRA's approach to the supervision of banks and insurance companies.

Co-authors: Ash Saluja , Paul Edmondson .

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CP12/26: approved persons under the new regime *

United Kingdom - October 8 2012
The Financial Services Bill (‘FSB’) (currently at the committee stage in the House of Lords) will divide the current Financial Services Authority into two new regulators: the Financial Conduct Authority (‘FCA’) and the Prudential Regulation Authority (‘PRA’).

Co-authors: Ash Saluja , Paul Edmondson .

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