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Results: 1-10 of 25

FSA announces delay in progress of proposed new PPI complaints handling requirements

  • Norton Rose LLP
  • -
  • United Kingdom
  • -
  • December 2 2009

In September 2009 the FSA published Consultation Paper 0923: The assessment and redress of payment protection insurance complaints (CP0923

The Supreme Court considers the scope of the OFT's challenge to unfair terms

  • Norton Rose LLP
  • -
  • United Kingdom
  • -
  • December 2 2009

The new UK Supreme Court has finally delivered its judgment in a case between the Office of Fair Trading (OFT) and several UK high street banks

Italian regulators recommendation on disclosure obligations for the next financial reports

  • Norton Rose LLP
  • -
  • Italy
  • -
  • March 11 2009

In an attempt to reduce uncertainties and negative reactions from investors, the Italian financial regulators (ISVAP, the Bank of Italy, and CONSOB for the financial services industry) have issued a joint recommendation on the information to be provided in financial statements

Single Euro Payments Area (SEPA): cross-border direct debits now a reality

  • Norton Rose LLP
  • -
  • European Union
  • -
  • November 9 2009

The European Commission has issued a press release stating that from 2 November 2009 banks will start to offer customers the possibility to make regular payments using the new SEPA Direct Debit scheme

Consumers to start benefiting from easier bank account switching from November

  • Norton Rose LLP
  • -
  • European Union
  • -
  • November 9 2009

The European Commission has issued a press release stating that from 1 November 2009 consumers in the EU should find it easier to switch their current account from one bank to another within their own Member State

FSA enforcement

  • Norton Rose LLP
  • -
  • United Kingdom
  • -
  • November 9 2009

The FSA has fined GMAC-RFC Limited £2.8 million for failing to treat mortgage customers fairly who were in arrears or subject to repossession proceedings, in breach of Principle 3 (Management and control) and Principle 6 (Customers’ interests

Examining the causes of the financial crisis

  • Norton Rose LLP
  • -
  • Global, United Kingdom
  • -
  • November 9 2009

The FSA has published a speech that Adair Turner (Chairman, FSA) gave at the Economic Club of America and National Journal Group

Advice to the European Commission on the review of the Financial Conglomerates Directive

  • Norton Rose LLP
  • -
  • European Union
  • -
  • November 9 2009

The Financial Conglomerates Directive (FCD) introduces specfic legislation for the prudential supervision of financial conglomerates and financial groups involved in cross-sectorial activities to foster stability of the financial system

Handbook Development Newsletter 116

  • Norton Rose LLP
  • -
  • United Kingdom
  • -
  • November 9 2009

The FSA has published issue 116 of its Handbook Development newsletter which contains: Information about recent Handbook-related and other developments

Lending watchdog strengthens customer protection

  • Norton Rose LLP
  • -
  • United Kingdom
  • -
  • November 9 2009

The British Bankers' Association (BBA) has released a statement relating to the new Lending Code which came into force on 1 November 2009

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