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OFT asks about bankruptcy and consumer credit

Dentons
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United Kingdom
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October 9 2009

OFT is monitoring the lending and broking of secured loans to consumers where the loan's purpose is to annul a recent bankruptcy

ISDA responds on investment bank resolution

Dentons
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United Kingdom
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July 17 2009

ISDA has written to Treasury on its plans to make insolvency regulations in relation to investment banks

Treasury makes Financial Markets and Insolvency Regulations

Dentons
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United Kingdom
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April 9 2009

Treasury has made a new set of Financial Markets and Insolvency Regulations that change the insolvency regime that applies to RIEs and RCHs

Treasury amends Settlement Finality Regulations

Dentons
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United Kingdom
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July 31 2009

Treasury has amended the Financial Markets and Insolvency (Settlement Finality)(Amendment) Regulations 2009 to make the Regulations reflect changes to insolvency and company law that followed the original regulations

FMLC looks at investment banking

Dentons
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United Kingdom
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August 7 2009

The Investment Banking Insolvency Panel of the FMLC has responded to Treasury’s consultation on developing effective resolution arrangements for investment banks

Treasury makes banking insolvency rules

Dentons
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United Kingdom
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October 29 2010

Treasury has made insolvency and administration rules covering building societies in England and Scotland and amended the English rules on banks in insolvency and administration and the Scottish rules on banking insolvencies

Treasury consults on SRR for investment firms

Dentons
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United Kingdom
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September 24 2010

Following proposals Treasury made at the end of 2009, it has now published for consultation draft regulations setting up a special resolution regime for investment banks

FSA announces MF global administration

Dentons
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United Kingdom
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November 4 2011

FSA announced on 31 October that MF Global UK Limited had entered into special administration

Recovery and Resolution Plans breaking up the banks by stealth?

Dentons
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United Kingdom
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September 21 2011

FSA is consulting on the need for certain financial services firms to prepare and maintain Recovery and Resolution Plans (RRPs) and in addition for some of these firms, and others, to make further preparations for their investment client money and custody assets (CMA) holdings