Current topics

New structure for UK financial regulation from 2012

We are preparing a formal response to the UK Government consultation from HM Treasury on the restructuring of regulation...[more]

 

Banking Regulation

We continue to watch for new proposals and monitor the impact of FSA’s changes to banking regulation within the context of small firms’ exposure...[more]

 

Capital Requirements Directive

The Capital Requirements Directive is European law which affects banks, building societies and certain investment firms...[more]

 

European and Global Regulatory Landscape

In line with the global nature of the recent crisis and the effect on regulation of the financial industry going forward; we continue to work on the European and Global regulatory landscape...[more]

 

Financial Capability Strategy

We have supported the work undertaken by the FSA towards improving financial capability within the population as part of its statutory objective to promote public understanding of the financial system...[more]

 

Financial Services Compensation Scheme (FSCS)

The Panel continues to be concerned about the overall cost of regulation for smaller firms...[more]

 

FSCS Limits

Various concerns emerged from the events of the recent market crisis and in July 2008 the Tripartite Authorities issued a consultation paper that described a number of improvements to the FSCS depositor protection arrangements...[more]

 

FSA Business Plan

In recent years we have given the Panel’s views during the development of the FSA’s business plans on an annual basis, which allows us to consider the FSA’s priorities...[more]

 

Mortgage Regulation

We continue to contribute to the development of the FSA’s Mortgage Market Review (MMR)...[more]

 

Payment Protection Insurance (PPI)

This has been a significant piece of work which will have implications for the retail sector...[more]

 

Prudential Regulation

We engaged in the debate leading up to the FSA’s policy paper published in November 2009 (PS09/19) which set out changes to the capital resources...[more]

 

Regulatory Fees for Smaller Firms

We continue to tell the FSA that fee increases, at the very high levels imposed in recent years, are simply unsustainable to smaller businesses operating in areas that have not contributed to the current problems...[more]

 

Regulatory Transparency

Regulatory Transparency is the FSA’s initiative to increase the degree of transparency for retail customers...[more]

 

Retail Distribution Review

The FSA’s Retail Distribution Review (RDR) has had the specific aim of identifying and addressing the root causes of problems that continue to emerge in the retail investment market...[more]

 

Sale and Rent Back

We have encouraged the FSA to act as quickly as possible in this regard. We will continue to consider the developments as this work progresses toward a full regime likely to be implemented in 2010...[more]