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HM Treasury press release - UK welcomes Iceland loan agreement
  • Norton Rose Fulbright LLP
  • Iceland, Netherlands, United Kingdom
  • October 26 2009

HM Treasury has published a press release stating that the Economic Secretary to the Treasury, Ian Pearson MP, welcomed an agreement on the repayment to the UK and the Netherlands of payments made following the collapse of Landsbanki


City of London banks agree to support G20 bonus reform
  • Norton Rose Fulbright LLP
  • United Kingdom
  • October 26 2009

HM Treasury has issued a press release stating that the UK subsidiaries and branches of leading overseas banks have agreed to support the implementation of reforms to bank pay agreed by the G20 in Pittsburgh


FSA bans another East London broker for mortgage fraud
  • Norton Rose Fulbright LLP
  • United Kingdom
  • October 26 2009

The FSA has banned a mortgage broker for knowingly submitting false and misleading information to four lenders in order to obtain mortgages for herself, and for failing to cooperate with the FSA by refusing to provide a sample of mortgage client files or deal with the investigators


UKFI investment mandate (October 2009)
  • Norton Rose Fulbright LLP
  • United Kingdom
  • October 26 2009

UK Financial Investments Limited (UKFI) was set up on 3 November 2008 to manage the Government’s investments in financial institutions including the Royal Bank of Scotland, Lloyds TSBHalifax Bank of Scotland, Northern Rock and Bradford & Bingley


BBA response to Mervyn King speech in Edinburgh
  • Norton Rose Fulbright LLP
  • United Kingdom
  • October 26 2009

The British Bankers’ Association (BBA) has published its response to Mervyn King’s speech to Scottish business organisations in Edinburgh


FSA publishes Turner Review conference Discussion Paper
  • Norton Rose Fulbright LLP
  • United Kingdom
  • October 26 2009

Last month the FSA published the Feedback Statement to The Turner Review and its associated Discussion Paper 092: A regulatory response to the global banking crisis


Chatham House Global Financial Regulation Conference
  • Norton Rose Fulbright LLP
  • United Kingdom
  • October 26 2009

Lord Myners, Financial Services Secretary to the Treasury, gave a speech at the Chatham House Global Financial Regulation Conference, discussing the future of regulatory infrastructure and the progress made over the last year


FSA begins new banking regulation to promote fairness for consumers
  • Norton Rose Fulbright LLP
  • United Kingdom
  • November 2 2009

The FSA has issued a press release reminding banks and consumers that it will take over all retail banking conduct of business regulation for deposit taking and payment services from 1 November 2009


Government welcomes approval of Northern Rock restructure
  • Norton Rose Fulbright LLP
  • European Union, United Kingdom
  • November 2 2009

HM Treasury has published a press release welcoming the European Commission’s approval of the legal and capital restructure of Northern Rock


Discussion Paper 095: Enhancing financial reporting disclosures by UK credit institutions
  • Norton Rose Fulbright LLP
  • United Kingdom
  • November 2 2009

The FSA has published Discussion Paper 095: Enhancing financial reporting disclosures by UK credit institutions (DP095