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Weekly financial services update: EC finance taxes, new FSA powers and the PRIPS task force report

Overview

The latest update from the financial services regulatory group at UK law firm Macfarlanes.

This week’s update includes details of the PRIPS task force report, the UK’s Financial Stability Strategy and its Consumer redress powers, and CEBS’ analyses of harmonisation in the Capital Requirements Directive.


CONTENTS
• AIFMD this week
• PRIPS – Report of the task force
• FSA’S Financial stability strategy
• EC proposals for taxation of the financial sector
• New FSA consumer redress powers
• CEBS analysis of harmonisation in the CRD
• CEBS consultation on remuneration
• The impact of MIFID
• CEBS guidelines on management of operational risks