We will track here amendments to this resource that reflect changes in law and practice.
This practice note overview sets out the key hot topics for the UK financial services industry, and links to separate hot topics practice notes for each of the topical issues identified.
Each of the separate hot topics notes outlines a particular topic, tracks its development and sets out the milestones for future development. In addition, each note contains links to key primary source material and related PLC Financial Services legal updates.
In addition, for certain key government and FSA papers, PLC Financial Services has produced one-off notes summarising the key elements of these papers. For ease of reference, these notes are listed in a table in this note.
This practice note overview sets out the key hot topics for the UK financial services industry. Each of the hot topics identified is outlined in a separate note, which can be accessed using the links in the tables below.
Each note tracks the development of the topic covered and, where relevant, sets out milestones for future development in the relevant area. These notes also contain links to key primary source material and related PLC Financial Services legal updates and notes. They are not intended to be exhaustive lists of all relevant materials published by interested parties.
In addition, for certain key government and FSA papers, PLC Financial Services has produced one-off notes summarising the key elements of these papers. For ease of reference, these notes are listed in the section at the end of this note.
The hot topics covered by the notes listed below relate to:
The FSA's key supervisory priorities. These priorities are designed to address the key risks to the FSA's statutory objectives and strategic aims that have been identified through the FSA's risk framework.
The government's key priorities relating to the consumer credit sector.
Areas of financial services regulation where changes (that is, changes to applicable EU or UK laws, regulations or FSA rules) are either proposed or anticipated. Where relevant, the notes consider global initiatives which are likely, or have the potential, to impact upon the UK financial services industry.
Consumer financial promotions (www.practicallaw.com/1-383-9929)
Corporate governance in financial services firms (www.practicallaw.com/2-386-3914)
European Commission's review of the Insurance Mediation Directive (www.practicallaw.com/0-383-8510)
European Commission's MiFID review (www.practicallaw.com/6-503-3276)
European social entrepreneurship funds (www.practicallaw.com/4-517-2697)
European venture capital regime (www.practicallaw.com/6-507-2022)
Exchange traded funds (ETFs) (www.practicallaw.com/8-508-0691)
FSA anti-bribery and corruption work (www.practicallaw.com/2-505-1111)
FSA anti-money laundering work (www.practicallaw.com/5-505-3095)
FSA financial sanctions work (www.practicallaw.com/5-507-2174)
FSA recovery and resolution plans proposals (www.practicallaw.com/8-508-9521)
FSA reform of its with-profits regime (www.practicallaw.com/2-383-9269)
FSA's review of its mortgage regime (www.practicallaw.com/9-381-9526)
New UK financial services regulatory structure (www.practicallaw.com/5-502-5489)
Packaged retail investment products (PRIPs) (www.practicallaw.com/2-506-6481)
Proposed Directive on residential mortgages (www.practicallaw.com/7-506-9627)
RDR implementation proposals (www.practicallaw.com/9-386-5655)
The future of the OFT and consumer credit regulation (www.practicallaw.com/6-504-7481)
UK implementation of CRD IV (www.practicallaw.com/7-518-9818)
UK implementation of Solvency II (www.practicallaw.com/9-503-4613)
For certain key government and FSA papers, PLC Financial Services has produced one-off notes summarising the key elements of these papers. For ease of reference, these notes are listed below.
FSA priorities for 2011/12 (www.practicallaw.com/5-505-3241)
FSA key messages for firms for 2011/12 (www.practicallaw.com/2-505-3266)
FSA priorities and key messages for firms for 2010/11 (www.practicallaw.com/9-501-1758)
Pre-Budget Report 2009: financial services initiatives (www.practicallaw.com/9-500-9312)
Reforming financial markets: the Government's White Paper (www.practicallaw.com/0-386-6918)
FSA priorities and key messages for firms for 2009/10 (www.practicallaw.com/2-384-7641)