The UK Department for Business, Innovation and Skills seeks views on UK government plans to make narrative reporting simpler, clearer and more focused.

The UK Department of Business, Innovation and Skill have released a consultation paper which explores wider questions on the role of shareholders and remuneration committees in the process of setting pay and how pay is structured to incentivise and reward.

The European Central Bank has published its opinion concerning the European Commission’s legislative proposals for the Capital Requirements Directive IV.

The European Parliament’s Committee on the Internal Market and Consumer Protection has published a research study concerning the implementation of the Consumer Credit Directive.

The Financial Services Authority has published finalised guidance concerning reviews of counterparty credit risk management by central counterparties.

The European Securities and Markets Authority has published a consultation paper setting out future guidelines on Undertakings for Collective Investment in Transferable Securities Exchange-Traded Funds and other Undertakings for Collective Investment in Transferable Securities related issues

The Financial Services Authority has released a consultation which assessed seven major providers of structured products between November 2010 and May 2011.

The paper provides guidance on the incremental risk capital charge modelling approaches employed by credit institutions using the Internal Model Approach for the calculation of the required capital for specific interest risk in the trading book.

The European Banking Authority consultation provides guidance on Stressed Value at Risk modelling by credit institutions using the Internal Model Approach for the calculation of the required capital for market risk in the trading book.

The Financial Services Authority has issued guidance on its expectations of Non-Executive Directors (“NED”) in delivering the appropriate management of retail conduct risk within firms.