Current topics

Banking Regulation

We have considered the FSA’s changes to banking regulation during 2008 / 09 within the context of small firms’ exposure...[more]

 

Capital Requirements Directive

The European Commission has consulted on a wide range of amendments to the Capital Requirements Directive (CRD), including: large exposures, hybrid capital and securitisations...[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

The National Strategy for Financial Capability (currently led by the FSA) aims to give consumers the tools and knowledge to deal with financial services more confidently and capably, and make more informed decisions...[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 are currently considering the FSA’s comments on mortgage regulation and will continue to follow developments...[more]

 

Payment Protection Insurance (PPI)

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

 

Prudential Regulation

During 2009, we discussed the consultation paper CP08/24 (Stress and Scenario Testing) with the FSA and we focussed on the implications for smaller firms and, in particular, the investment firms population...[more]

 

Regulatory Fees for Smaller Firms

We have had numerous discussions with the FSA in this regard. We have been focussed on how to get the FSA Board to appreciate 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; this includes proposals for authorised firms to publish customer complaint data...[more]

 

Retail Distribution Review

In June 2007, the FSA launched its Retail Distribution Review (RDR) with 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...[more]