Treasury has published a bulletin summarising recent developments in financial services. The bulletin covers:

  • Treasury’s consultation on its new approach to financial regulation, published in July;
  • the agreement on the EU supervision package;
  • the planned Securities Law Directive that will address legal barriers in post-trading;
  • commencement of the FS Act 2010 (see Legislation below); and
  • the SRR Regulations on contributions to the costs of the Special Resolution Regime.