Overview

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

Content includes:


- The House of Lords EU Select Committee voices serious concerns about proposed AIFM Directive
- The Competition Commission consults on approach to reconsidering PPI point-of-sale prohibition remedy
- The European Commission publishes new guidance on Unfair Commercial Practices Directive
- The ECOFIN publishes conclusions adopted at recent meeting
- The FSSC agrees final RDR core examination standards for retail investment advisers and launches consultation on specialist standards
- The FSA strengthens stress testing Regime
- The FSA publishes Handbook Notice 95
- The FSA and the OFT publish final progress report on their Joint Action Plan
- The FSA consults on strengthening firms’ capital standards
- The FSA publishes factsheet on third party capture practices for insurers
- The OFT imposes requirements on consumer credit licence of broker
- The FSA bans Essex mortgage broker for advice failings and not having appropriate systems and controls in place


To read more, click 'View Briefing'