http://www.complinet.com Tracker Impact Analysis RSS feed en complinet.com http://www.complinet.com/global/news/news/article.html?ref=113739 On August 13, 2008 the Financial Services Authority published a final notice that set out the circumstances which led to a financial penalty of £5. Thu, 21 Aug 2008 20:01:54 +0000 http://www.complinet.com/global/news/news/article.html?ref=113616 The Australian Law Reform Commission has released its widely anticipated report, "For Your Information: Australian Privacy Law and Practice". Tue, 19 Aug 2008 01:00:27 +0000 http://www.complinet.com/global/news/news/article.html?ref=113503 The Qatar Financial Centre Regulatory Authority has published consultation paper 2008/02 which proposes minor amendments to the following: QFCRA's rulebooks (Assets Rulebook, Conduct of Business Rulebook, General Rulebook, Interim Prudential — Investment, Insurance Mediation & Banking Business Rulebook, Interpretation and Application Rulebook and the Prudential — Insurance Rulebook) and technical amendments to some of the foregoing rulebooks, plus the Anti Money Laundering Rulebook. Thu, 14 Aug 2008 14:28:23 +0000 http://www.complinet.com/global/news/news/article.html?ref=113460 On July 29, the Dubai Financial Services Authority issued public consultation paper 58 which addresses the DFSA's implementation of aspects of the revised supranational framework for determining capital adequacy of banks which the Basel Committee on Banking Supervision concluded in November 2005. Wed, 13 Aug 2008 13:28:21 +0000 http://www.complinet.com/global/news/news/article.html?ref=113410 On July 29, the Dubai Financial Services Authority issued public consultation paper 59 in which it proposes changes to the way that it defines investments. Tue, 12 Aug 2008 11:52:28 +0000 http://www.complinet.com/global/news/news/article.html?ref=113377 On July 29, the Dubai Financial Services Authority issued public consultation paper 57 that covered a broad range of proposed amendments to various parts of its rulebook. Mon, 11 Aug 2008 07:56:42 +0000 http://www.complinet.com/global/news/news/article.html?ref=113302 The Financial Services Authority has published feedback statement 08/5 which contains the responses received on discussion paper 07/6 which was published in December 2007. Thu, 07 Aug 2008 13:34:59 +0000 http://www.complinet.com/global/news/news/article.html?ref=113210 The Financial Services Authority has fined Liverpool Victoria Banking Services Limited £840,000 for serious failings in the sale of single premium payment protection insurance. Tue, 05 Aug 2008 14:26:19 +0000 http://www.complinet.com/global/news/news/article.html?ref=113112 The Australian Prudential Regulation Authority has published a regulation impact statement that discusses the changes to the prudential framework arising from the Financial Sector Legislation Amendment (Discretionary Mutual Funds and Direct Offshore Foreign Insurers) Act 2007, as well as other changes to the prudential framework. Fri, 01 Aug 2008 23:13:54 +0000 http://www.complinet.com/global/news/news/article.html?ref=113133 The Financial Services Authority has fined Hastings Insurance Services Ltd £735,000 for failing to treat its customers fairly in relation to cancelling around 4,550 incorrectly priced car insurance policies. Fri, 01 Aug 2008 13:21:35 +0000 http://www.complinet.com/global/news/news/article.html?ref=113124 The Financial Services Authority believes it has given general insurers more than enough warning about mis-selling payment protection insurance and has stated that the £840,000 fine that it imposed on Liverpool Victoria Banking Services is "not the end of it". Thu, 31 Jul 2008 16:01:49 +0000 http://www.complinet.com/global/news/news/article.html?ref=113050 HM Treasury, the Bank of England and the Financial Services Authority, along with the Financial Services Compensation Scheme, have published a series of consultations this year as a response to both the failure of Northern Rock and the ongoing global financial turmoil. Wed, 30 Jul 2008 13:56:35 +0000 http://www.complinet.com/global/news/news/article.html?ref=113013 Any firm still grappling with what the Financial Services Authority's Treating Customers Fairly really means should look no further than the hefty £735,000 fine imposed on Hastings Insurance Services. Tue, 29 Jul 2008 17:22:23 +0000 http://www.complinet.com/global/news/news/article.html?ref=112990 The Financial Services Authority has published consultation paper 08/13 which proposes an amendment to the Disclosure and Transparency Rules. Tue, 29 Jul 2008 07:06:42 +0000 http://www.complinet.com/global/news/news/article.html?ref=112906 In line with the Financial Services Authority’s orderly markets theme, the Alternative Investment Market has issued a flurry of disciplinary notices and has raised the profile of its efforts to ensure that the London exchanges are seen to be a clean place on which to transact. Thu, 24 Jul 2008 00:00:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=112803 The current EU legislation for investment funds (the Undertakings for Collective Investment in Transferable Securities Directive ) has been the basis for an integrated market that facilitates the cross-border offer of collective investment funds. Tue, 22 Jul 2008 00:00:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=112725 In May 2008, DG Internal Market issued a public consultation paper (PDF) on amendments to commission decisions that establish the Committee of European Securities Regulators, the Committee of European Banking Supervisors and the Committee of European Insurance and Occupational Pensions Supervisors. Fri, 18 Jul 2008 00:00:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=112447 The New Zealand Securities Commission is New Zealand's main investment regulator and aims to strengthen investor confidence and encourage capital investment into the country. Wed, 09 Jul 2008 20:07:49 +0000 http://www.complinet.com/global/news/news/article.html?ref=112369 The tripartite authorities — the Treasury, Bank of England and Financial Services Authority — have published the latest in their series of communications and consultations on financial stability, entitled "Financial stability and depositor protection: further consultation". Mon, 07 Jul 2008 20:59:53 +0000 http://www.complinet.com/global/news/news/article.html?ref=112321 It has been quite a year for the Financial Services Authority. Fri, 04 Jul 2008 20:56:38 +0000