CESR publishes responses received to the consultation on the Passport under MiFID

The Committee of European Securities Regulators has published the responses it has received to its Consultation Paper on the Passport under MiFID.

For further information please refer to our MiFID updater.

CESR publishes responses received to the consultation on inducements

The Committee of European Securities Regulators has published the responses it has received to its Consultation Paper on Inducements under MiFID. For further information please refer to our MiFID updater.

Integration of financial markets in the context of globalisation

In this speech at the High Level City Group event, Charlie McCreevy (European Commissioner for Internal Market and Services) briefly discusses the future of European integration and its place in global capital markets.

FSA acts to halt boiler room activities

The FSA has published a press notice advising that it has obtained interim injunctions at the High Court against UK-based Chesteroak Ltd, Bingen Investments Ltd (incorporated in Gibraltar) and Mr Samuel Nathan Kahn. The FSA believes that they have been involved in assisting overseas boiler room activities in the UK. The FSA’s investigation is continuing.

View FSA acts to halt boiler room activities, 16 February 2007

FSA fines Capital One for PPI sales failures

The FSA has published a Final Notice in relation to the fine of £175,000 that it has imposed on Capital One Bank (Europe) Plc for not having adequate systems and controls in place for selling Payment Protection Insurance and for failing to treat its customers fairly.

View FSA fines Capital One for PPI sales failures, 15 February 2007

Final Notice - Peter Lindsay Freeman Hendry (trading as The Financial Practice)

The FSA has published a Final Notice in respect of Peter Lindsay Freeman Hendry (trading as The Financial Practice) regarding the decision to cancel the permission granted to him to carry on regulated activities.