Overview

This June report from Stephenson Harwood offers an overview of recent developments. It covers:

Financial services regulation
• The European Parliament adopts resolution on derivatives regulation
• The European Council publishes the conclusions from meeting of 17 June 2010
• CESR publishes its 2009 annual report
• The Government announces new structure for UK financial services regulation
• The European Parliament adopts amendments to draft Anti-discrimination Directive
Recent FSA speeches and publications
• The FSA Chief Executive outlines personal view on regulators' role in judging culture and ethics
• The FSA proposes new rules to help consumers trace employers' liability insurers
• The FSA publishes speech on its mortgage market review
• The FSA appoints senior advisor
• The FSA publishes annual report for the year 2009/10
Enforcement
• Photo-Me fined £500,000 for delay in disclosing inside information
• The FSA takes action against two insurance brokers for failing to protect client money and assets
• Former stockbroker charged for boiler room related offences

Click ‘View Briefing’ to read this report in full