Overview

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

Content includes:

- European Commission publishes CRD amendment proposal
- Report on proposed Consumer Rights Directive published by House of Lords EU Committee
- FATF publishes new AML guidance for money services businesses
- The British Bankers’ Association responds to the FSA’s consultation on its draft code of practice on remuneration policies
- BCSB to be renamed and continue monitoring and enforcing lending and credit card standards
- The FSA release a statement on the Walker Review
- Lord Turner gives a speech on rebuilding consumer trust in financial services
- The FSA highlights concern over small firms’ financial reporting
- The FSA publishes new case work examples of financial promotion action
- The FSA publishes first Mortgage Lender Briefing
- The FSA proposes bigger fines to achieve credible deterrence
- The FSA fines director for appointed representative control failings
- The FSA refers firms to enforcement in clampdown on poor mortgage arrears handling



To read more, click 'View Briefing'