On December 11, the UK Financial Services Authority published its Simplification Plan that outlines improvements to the UK regulation of the financial services industry.

The 2007 Simplification Plan updates its FSA 2006 Simplification Plan and reflects the latest position on each of the FSA’s current initiatives and identifies the main EU legislative initiatives that impact upon the UK financial services industry. The FSA plans to identify further simplification measures in February 2008.

 www.fsa.gov.uk/pubs/other/simplification_update.pdf