Europe

UK Treasury Releases Consultation Paper on Bank Executive Remuneration Disclosure

This consultation details the UK Government's proposals for the disclosure requirements contemplated under "Project Merlin", which includes consultation on a mandatory requirement for all large UK banks to publish the pay of their eight highest paid senior executive officers.
Originally Published: 
Tuesday, December 6, 2011

European Securities and Markets Authority Warns Retail Investors of Dangers of Trading in FOREX Products

The European Securities and Markets Authority has issued a warning alerting retail investors to the main risks involved in forex trading. It also warns investors against dealing with unauthorised firms offering forex investments.
Originally Published: 
Monday, December 5, 2011

Financial Services Authority Speech at Non-Executive Directors’ Conference on Delivering Fair Treatment for Consumers of Financial Services

The Financial Services Authority has published a speech presented by Clive Adamson (Director of Supervision, the FSA Conduct of Business Unit) at the Non-Executive Directors’ Conference on 6 December 2011 where he discusses how the FSA is developing the supervisory approach or philosophy for the pro
Originally Published: 
Tuesday, December 6, 2011

Financial Services Authority Speech at Non-Executive Directors’ Conference on Delivering Fair Treatment for Consumers of Financial Services

The Financial Services Authority has published a speech by Nausicaa Delfas (Head of Department, Conduct Supervision, FSA) at the Non-Executive Directors’ Conference which focuses on the FSA’s current and developing approach to the responsibilities of non-executive directors
Originally Published: 
Tuesday, December 6, 2011

Financial Services Authority Guidance Consultation on Delivering Fair Treatment for Consumers of Financial Services

The Financial Services Authority has published a guidance consultation which sets out the FSA’s expectations of non-executive directors in delivering the appropriate management of retail conduct risk within firms.
Originally Published: 
Tuesday, December 6, 2011

European Commission Consultation Document on a New European Regime for Venture Capital

The European Commission Directorate General Internal Market and Services has published a consultation paper on a new European regime for venture capital which aims to address the two problems that venture capital funds that intend to raise funds and invest on a cross-border basis in the EU are confr
Originally Published: 
Wednesday, June 15, 2011

Speech by Chancellor of the Exchequer on Regulation of the UK Banking and Financial Services Industry

In his speech at the Lord Mayor’s dinner for bankers and merchants of the City of London, the Chancellor of the Exchequer, George Osborne MP, stated that the British economy is concerned with two key issues: (i) what the right culture of regulation is; and (ii) how international rules apply and wher
Originally Published: 
Wednesday, June 15, 2011

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