United Kingdom - December 20 2012 An increasing number of asset managers' activities are outsourced by asset managers and the FSA has noted that the outsource providers used are typically part of complex international banking groups.
United Kingdom - November 30 2012 Following a thematic review (the Review) conducted in the second half of 2011, the FSA has now published a Paper on conflicts of interest between asset managers and their customers.
United Kingdom - November 30 2012 On 14 November, the FSA published the first of two planned consultation papers, CP 12/32, on its proposed new rules and guidance for the FSA Handbook to facilitate the transposition of the Alternative Investment Fund Managers Directive (AIFMD) into UK law.
United Kingdom - October 31 2012 Parliament has published a press release to announce that the Financial Services Bill 2012-13 (the FS Bill) has now completed the Committee stage in the House of Lords.
United Kingdom - October 31 2012 The FSA has published an updated approach document for the Financial Conduct Authority (FCA) titled, "Journey to the FCA".