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Legal Briefing
Financial services update: Financial Services Act 2012 guidance; IOSCO on complex financial products
Practice Area: Regulation and Compliance
Sector: Commercial and Retail Banking
Jurisdiction: England & Wales
Published: 28 January 2013
Law Firm: Macfarlanes LLP
Overview
Macfarlanes weekly financial services update includes details on the Governments explanatory notes summarising the main provisions of The Financial Services Act 2012; the FSA's Final rules for funding the Financial Services Compensation Scheme; IOSCO's report on suitability requirements for complex financial products; and the EBA's recommendation for major EU cross-border banking groups to develop recovery plans.
To read the full details on these developments, click 'View Briefing'.
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