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Morrison & Foerster LLP | European Union | 16 Sep 2010

The new EU financial regulatory framework

Following a meeting of the Economic and Financial Affairs Council ("ECOFIN") on 7 September 2010, the Council of the European Union ("EU") announced that it has endorsed the agreement reached with the EU Parliament on 2 September 2010 on reforming the EU financial supervisory framework.

Article

Morrison & Foerster LLP | United Kingdom | 3 Aug 2010

UK Treasury consultation on the new financial regulatory structure in the UK

On 26 July 2010, HM Treasury (“HMT”) published a consultation paper entitled “A New Approach to Financial Regulation: Judgement, Focus and Stability.”

Article

Morrison & Foerster LLP | United Kingdom | 21 Jun 2010

A step forward or backward? FSA to be broken up

In a speech at the Lord Mayor's Dinner on 16 June 2010 (the "Mansion House Speech"), George Osborne, the new Chancellor appointed by the Conservative-led coalition government, unveiled far-reaching changes to the regulatory architecture of the UK financial system.

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