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Treasury launches fee-free bank accounts

United Kingdom - January 6 2016 Treasury has announced the launch of fee-free basic bank accounts at nine major banks from 1 January 2016. The accounts are available to anyone who...

Nicholas Ralph.

PSD2 published in OJEU

European Union - January 6 2016 The revised payment services directive (PSD2) has been published in the OJEU. PSD2 will enter into force on 12 January 2016 and Member States must...

Nicholas Ralph.

OCC determines FCA failure to investigate

United Kingdom - December 23 2015 OCC has published its findings in relation to a complaint against FCA. It found that FCA failed to investigate a complaint that consumers may have...

IOSCO publishes CIS liquidity management report

Global - December 23 2015 IOSCO has published its report on how collective investment schemes (CIS) manage their liquidity risk. It found that: most jurisdictions clearly...

FCA calls for input on social investments

United Kingdom - December 23 2015 FCA has issued a call for input on how regulation is working in relation to the social investments market. Social investments aim to provide a wider...

Nicholas Ralph.