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Regulatory News - Archive (up to August 2005)

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25/08/2005 More discontent over MiFID proposals

The European Banking Federation has united with other members of the financial services industry in criticising proposals for the Markets in Financial Instruments Directive...

04/08/2005 EU pursue infringements on Market Abuse Directive implementation

The European Commission is pursuing 16 Member States including the UK and Ireland for failure to implement the Market Abuse Directive...

30/07/2005 Sound corporate governance essential for Basel II

In a revised consultative document, the Basel Committee on Banking Supervision has stressed the need for sound corporate governance to underpin the implementation of the Basel II Accord...

23/07/2005 Regulator urges more progress on Basel II compliance

The Financial Services Authority is urging UK firms to make more progress on their response to the requirements of the Basel II Accord...

22/07/2005 FSA Chairman miffed over MiFID

The FSA's Chairman has expressed his deep concern of the cost and effect of current regulation saying that the burden represented a "significant hazard" to the financial sector...

15/07/2005 FSA moves to ease burden on regulation

The Financial Services Authority (FSA) has moved to improve its relationship with the UK financial sector and ease the burden on regulation...

13/07/2005 Hopes raised on statutory audit compromise

EU Commissioner, Charlie McCreevy, has given a further indication of a possible compromise when the legislation goes to a full vote in the autumn...

06/07/2005 UK position lamented in Securities Directives "League Table"

The UK is facing close scrutiny after scoring poorly in a new EU league table outlining the shortfall by Member States on implementing its range of Securities Directives...

23/06/2005 EU Corporate Governance Forum - progress on common approach

The European Corporate Governance Forum has announced the outcomes from its second meeting where it discussed issues on shareholders' rights and risk management...

22/06/2005 EU votes no to compulsory audit committees

The European Parliament's Committee on Legal Affairs has voted against a controversial proposal to introduce compulsory audit committees...

20/06/2005 European Commission announces extension to MiFID deadline

The European Commission announced today that it has extended the transposition deadline for MiFID...

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