Financial Services Regulation

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

Retired Member 

Mobile recording: now is time to act

So, after all the expectation, it’s happened. With its Revised Policy Statement (10/17), the Financial Services Authority (FSA) has removed the initial exemption for mobile calls and texts. As of 14 November 2011, therefore, financial service businesses must record all relevant electronic communications involving the giving of advice or taking o...

24 February 2011 /payments /sibos

Retired Member 

U.S. Presidential Report Extends Uncertainty for Money Funds

The President’s Working Group on Financial Reform issued an unusually inconclusive report on Money Market Mutual Funds. Published thirteen months after it was originally expected, the report simply encourages the newly formed Financial Services Oversight Committee to take up the matter. Treasury Strategies partner, Anthony J. Carfang, notes that

22 October 2010 /payments /sibos