First time a private bank has been fined for weaknesses in its anti-fraud systems
FSA sets further deadline of December 2008
U.S., UK regulators sign protocol for sharing information on application of IFRS
The UK’s Financial Services Authority published a paper today setting out its current thinking on its move towards a more-principles-based regulatory regime. The paper accompanies a conference also being held today at which FSA senior management, financial services industry leaders and other interested parties debate the challenges and opportunities presented by a move away from […]
Proposals would introduce retail-oriented oriented funds of alternative investment funds
The UK’s Financial Services Authority published a paper, which examines the recent growth in investment in commodity markets, concluding that markets have changed significantly, creating new issues which need to be understood.The paper notes that the recent growth in commodity markets with record prices, high volatility, and the high returns to be gained have attracted […]
Proposed reforms designed to make system more robust and sustainable
Regulator to publish paper on possible rule changes in June
Analyst offer fund managers preview of research
Proposed controls mitigate conflicts of interest in valuation process