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Norton Rose Fulbright LLP | United Kingdom | 31 May 2010

The Queen’s Speech - BBA comment

The British Bankers' Association (BBA) has issued a short press statement on the Queen's Speech.
Article

Norton Rose Fulbright LLP | United Kingdom | 31 May 2010

Government commits to transparent, fair and independently designed payment scheme for Equitable Life policyholders that is swift, simple, transparent and fair

The Financial Secretary to the Treasury, Mark Hoban MP, has announced that the Government will take forward a Bill to enable payments to be made in relation to Equitable Life, as included in the Queen's Speech to Parliament.
Article

Norton Rose Fulbright LLP | European Union | 31 May 2010

Commission sets out vision for bank resolution funds

The European Commission has published a Communication which sets out its thinking on how the financial sector could contribute to the cost of financing the resolution of failing banks.
Article

Norton Rose Fulbright LLP | European Union | 31 May 2010

CESR intensifies co-ordination in the light of recent market volatility in euro denominated debt instruments

The Committee of European Securities Regulators (CESR) has issued a press release stating that it is intensifying the co-ordination of its members' market surveillance following the recent market volatility in euro denominated debt instruments.
Article

Norton Rose Fulbright LLP | United Kingdom | 31 May 2010

The small firms financial crime review

In April 2008, the FSA launched a major thematic project which was aimed at establishing the extent to which small firms across the financial services industry addressed financial crime risks in their businesses.
Article

Norton Rose Fulbright LLP | United Kingdom | 31 May 2010

The six-month time limit

The Financial Ombudsman Service (FOS) has published an online technical resource note that explains the "six-month time limit" for referring complaints to it.
Article

Norton Rose Fulbright LLP | United Kingdom | 31 May 2010

FSA enforcement

A former inter-dealer broker has been prohibited in connection with deliberate unauthorised trades.
Article

Norton Rose Fulbright LLP | Global | 31 May 2010

ISDA comments on sovereign CDS

The International Swaps and Derivatives Association (ISDA) has made a statement in light of the continued focus on the role of credit default swaps (CDS) in the global market place.
Article

Norton Rose Fulbright LLP | United Kingdom | 31 May 2010

The FSA’s markets regulatory agenda

The FSA has published a paper which is entitled The FSA's markets regulatory agenda.
Article

Norton Rose Fulbright LLP | United Kingdom | 31 May 2010

The FSA’s role under the Payment Services Regulations 2009

The FSA has published an updated version of a paper in which it explains its role under the Payment Services Regulations 2009 (PSRs).
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