Financial Services Authority (FSA)
Consequences of the cleanup
The UK Financial Services Authority must bolster laws designed to protect investors while ensuring that it takes these actions in sympathy with regulations being introduced at a European level. Richard Jory reports on the actions of the regulator and the…
Lessons in simplicity
The mood at the fifth Structured Products Europe conference in London was distinctly retrospective, as speakers and delegates spent two days dissecting their business practice with a readiness that suggests the industry has learnt from its mistakes and…
New FSA liquidity rules aim to strengthen UK banking industry
David Ellis and Silvano Stagni consider whether the UK is looking to lead the shape of the new regulatory order, whether there is a ‘first-mover advantage’ and whether, acting alone, it can control financial liquidity in enough depth to put the UK’s…
Unauthorised trading costs UBS £50 million
Penalty is, to date, the third largest levied by the UK regulator
