05/10 Financial services and regulation Legal Eye
An overview of recent developments
In this issue:
Financial services regulation
- Final version of the Coalition Agreement published
- The Financial Ombudsman Service publishes technical note on time limit for considering complaints
- European Commission updates overview of bank rescue measures and guarantee schemes
- The City of London Corporation publishes report on the impact of the Bribery Act 2010 on the UK financial services sector
- The Competition Commission consults on provisional decision on PPI remedies following reconsideration
- The Financial Ombudsman Service publishes its 2009/10 annual review
Recent FSA speeches and publications
- The FSA publishes speech on simplified advice and factoring
- The FSA publishes speech on Solvency II
- The FSA takes tough action against poor complaint handling in banks
- The FSA publishes report on insurance broker firms' anti-bribery and corruption systems and controls
- The FSA publishes Dear CEO Letter
Enforcement
- The FSA announces arrest and conviction for insider dealing
- The FSA publishes Final Notice for misleading behaviour and market distortion
- The FSA bans former employee for fraud involving client and company money
- The FSA publishes undertaking from Chesham Building Society regarding unfair mortgage terms
