Overview

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

This issue covers topics including the IMF’s influence on the new financial system, the new committee principles emerging from ‘Basel III’, and whether a sector’s culture can be regulated, as FSA chief executive Heather Santos recently implied it can.

CONTENTS

• Alternative Investment Fund Manager’s Directive – update
• Successful regulatory reform
• Can culture be regulated?
• IMF – shaping the new financial system
• Basel committee principles for corporate governance
• FSA’s new online notifications and applications system