SFA introduces changes to financial rules

United Kingdom
In Board Notice 450, the SFA announced a number of minor changes to its rules which apply to all ISD and non-ISD firms which are financially regulated by SFA. These are to bring the rules up-to-date with industry developments. For example, the definition of a Zone A country has been updated to include the new members of the OECD (Czech Republic, Hungary and South Korea), and a number of other minor clarifications are made.