Financial Services Authority (FSA)

Cross-border confusion

Europe's internationally active banks have until the end of this year to be fully compliant with the new Basel capital Accord, but a lack of clarity on cross-border implementation continues to cause major problems

Private equity supports FSA proposals

The private equity industry has backed the UK Financial Services Authority's proposal to tighten reporting requirements on banks and private equity houses, in order to reduce market abuse and conflicts of interest.

Friendly persuasion

Georgina Philippou, one of the heads of the UK Financial Services Authority's enforcement division, tells Nick Kochan that treating customers fairly is at the forefront of principles-based regulation

Confusion reigns

Exactly what the role of home and host regulators will be for the regulation of branches under the Markets in Financial Instruments Directive (Mifid) remains an elusive issue. The industry is clear that firms should have to follow only one set…

State of the art

Guido Ravoet, secretary general of the European Banking Federation, talks to Victoria Pennington about changes in regulatory framework, the substantial amount of work facing compliance and risk executives, and why he thinks the EU financial regulatory…

FSA to reward good "principles-based" practice

Firms seen by the UK Financial Services Authority as being “well-controlled and managed” in terms of its regulatory processes could potentially see lower capital requirements and supervision as a result of adopting principles-based regulation.

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