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What is the Year 2000 Problem?
By now most people are aware that there is a "Year 2000" or
"Millennium" problem, which exists because many software...
Stockborrowing is the process whereby one party "borrows"
securities from another party for a period and provides that other
party with collateral in...
In Regulatory Update 42, the PIA has introduced the
rule changes which it had previously been considering introducing
in relation to pension transfer...
Following SIB Consultative Paper 112, entitled "Limit on
Compensation Costs" which proposed to raise the limits which the
ICS could pay in any one year...
This year, the PIA Consumer Panel's 80 page annual review is more
important than usual for two reasons. First, 1997 was a year in
which their work in...
Agreement was reached in Geneva on 13 December 1997 to liberalise
the worldwide financial services sector. The new pact should make
it easier for banks,...
Paul Anderson considers PIA's training and competence
In January 1998, the PIA finally issued new
Training and Competence ("T&C") guidance...
The PIA has recently announced the results of its independent
review of the economic and technical basis for the rates used in
projections. The report,...
In January 1998, the PIA issued its first review of the new
disclosure regime which applies to packaged investment products.
Having asked around 200...
On 14th January, at a conference jointly organised by the Law
Society's Commerce & Industry Group and Cameron McKenna, Helen
Liddell, Economic Secretary...
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