Submissions to FSA

Two recent complaints against the FSA were upheld in the Regulator's favour

AIFMD & ESMA

ESMA publishes its consultation on implementing measures for the AIFMD

Dear CEO: Suitability

Findings of FSA review highlight weaknesses among firms in assessing suitability, including inadequate client classification

The Approach of the FCA

FSA paper indicates greater focus on wholesale conduct, enforcement and intervention under new regime

Quarterly Consultation

Proposed changes to the Handbook including greater clarity on 'Fair, clear and not misleading communications'