UK red tape law leaves regulations untouched – Financial Times

Posted December 10th, 2007 in financial regulation, news by sally

“A law to cut red tape – hailed by Gordon Brown as a crucial means of reducing the burden on business – has failed to axe or even amend a single regulation in the first year of its existence.”

Full story

Financial Times, 9th December 2007

Source: www.ft.com

Business urges lasting reduction in red tape – The Times

Posted November 7th, 2007 in financial regulation, news, small businesses by sally

“Businesses called on the Government to cut red tape and not simply to replace it with more bureaucracy as plans for regulatory reform legislation were confirmed.”

Full story

The Times, 7th November 2007

Source: www.timesonline.co.uk

Regulator plans crackdown on market abuses in hedge funds – The Times

Posted October 30th, 2007 in financial regulation, hedge funds, news by sally

“London’s powerful hedge fund community is failing to stamp out incidences of market abuse such as insider trading, according to the City’s top market watchdog.”

Full story

The Times, 30th October 2007

Source: www.timesonline.co.uk

MPs to accuse FSA of failing to supervise Northern Rock properly – The Times

Posted October 8th, 2007 in banking, financial regulation, news by sally

“The Financial Services Authority (FSA) will be accused tomorrow of failing to supervise Northern Rock when MPs grill officials over the watchdog’s role in the crisis.”

Full story

The Times, 8th October 2007

Source: www.timesonline.co.uk

Courts taking a firmer hand to stop weak cases dragging on – The Times

“Judges are increasingly willing to step in to stop another expensive disaster such as BCCI or Equitable Life.”

Full story

The Times, 2nd August 2007

Source: www.timesonline.co.uk

Private equity escapes statutory scrutiny – The Guardian

Posted July 18th, 2007 in financial regulation, news, private equity by sally

“Private equity firms yesterday escaped the threat of tighter regulation and demands for closer scrutiny of pay and fees after a review rejected imposing public company-style rules on the industry.”

Full story

The Guardian, 18th July 2007

Source: www.guardian.co.uk

FSMA reform – Parliament approves regulatory reform of financial services – HM Treasury

Posted July 13th, 2007 in financial regulation, press releases by sally

“The Government today announced the successful passage through Parliament of the Regulatory Reform (Financial Services and Markets Act 2000) Order 2007. The Order will reduce a number of burdens currently placed on the FSA and business.”

Press release

HM Treasury, 12th july 2007

Source: www.hm-treasury.gov.uk

FSA to acquire new powers under European insurance directive – The Times

Posted July 10th, 2007 in financial regulation, insurance, news by michael

“The Financial Services Authority (FSA) is expected to gain significant new powers as a result of changes to the supervision of the insurance industry, which could be outlined as early as today.”

Full story

The Times, 10th July 2007

Source: www.timesonline.co.uk

FSA announces new regime for IFAs – The Times

Posted June 28th, 2007 in consumer protection, financial regulation, news by sally

“The Financial Services Authority today unveiled plans for a wide-ranging shake-up of the financial services industry, but critics say it has not gone far enough.”

Full story

The Times, 27th June 2007

Source: www.timesonline.co.uk

The ‘Supercase’ – Problems and Solutions: Reflections on BCCI and Equitable Life, by Sir Anthony Clarke, Master of the Rolls

The Supercase – Problems and Solutions: Reflections on BCCI and Equitable Life (PDF)

Speech by Sir Anthony Clarke, Master of the Rolls

KPMG Forensic’s Annual Law Lecture 2007

Source: www.judiciary.gov.uk