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UK treatment of capital instruments under Basel III - a taxing issue

  • Morrison & Foerster LLP
  • -
  • United Kingdom
  • -
  • August 5 2011

The Basel III rules which have now been finalised by the Basel Committee on Banking Supervision will have a significant impact on the amount of capital required to be held by banks and the nature of such capital

Product intervention

  • Morrison & Foerster LLP
  • -
  • United Kingdom
  • -
  • July 7 2011

As we have previously discussed, the UK Financial Services Authority (the “FSA”) signaled a sea change in the way retail financial products will be regulated in the UK in its Discussion Paper on product intervention published in January 2011 (the “Discussion Paper”

FCA temporary product intervention rules: nipping it in the bud

  • Morrison & Foerster LLP
  • -
  • United Kingdom
  • -
  • April 12 2013

The Financial Conduct Authority ("FCA") has already made it clear that, in responding to threats relating to financial markets, will tolerate lower