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The approach of the Financial Services Authority ("FSA") has been
further clarified by the issuing of its Plan & Budget 1998-99 and
The General Agreement on Trade in Services ("GATS") is an agreement
entered into by the Members of the World Trade Organisation to
develop a framework...
Now that a "common position" has been agreed in Brussels to
finalise amendments to the Capital Adequacy Directive and the
Solvency Ratio Directive (the...
In Consultation Paper 7, the FSA has confirmed that the Pension
Review is to be widened to include non-priority cases. Some
commentators had considered...
It has taken some time for both the regulators and regulated firms
to get to grips with the regulatory implications of the Internet.
Whilst some ad hoc...
The FSA has announced the appointment of a Steering Group to carry
out the work needed to create the single Ombudsman Scheme announced
in December. The...
The FS has announced a number of appointments at or near director
Steven Davis, an economist at the Institute of
Directors, was appointed Senior...
The introduction of the Euro will have a major effect on the UK
financial services industry even though the UK itself will not be a
participant in the...
The recent extreme volatility in the Asian markets tested the
extent to which firms could cope with volatility in foreign
exchange markets and the possibility...
In Consultation Paper 8, the FSA has given an early insight into
the layout and likely content of its new rulebook. The FSA accepts
that drafting the...
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