Overview

Stephenson Harwood's regular round-up of news, speeches and publications on financial services regulation and enforcement in the UK.

Content includes:

- OFT updates FAQs on Consumer Credit (Advertisements) Regulations 2004
- AIMA publishes first global guide to sound practices for managers of funds of hedge funds
- Due to “serious concerns” the FSSC fails to get re-licensed
- European Commission proposes Alternative Investment Fund Managers Directive
- European Commission updates Payment Services Directive Q&A paper
- The FSA creates webpage to help firms prepare for new sale and rent back regulatory regime
- The FSA publishes Solvency II feedback statement
- The FSA publishes speech on tackling financial crime in the current economic climate
- Lord Turner speech expands on some key themes from the Turner Review
- The FSA publishes letter relating to its supervision of the building society sector
- Seven further arrests made as part of the FSA’s investigation into share fraud and boiler room activity
- The FSA bans and fines hedge fund manager for mismarking trading positions to hide losses
- OFT imposes requirements on credit card issuer for error in terms and conditions



To read more, click 'View Briefing'