Journal of Financial Regulation and Compliance: Volume 11 Issue 1

Compliance competent life assurance companies: A partnership approach

Jonathan Edwards

This paper, set in the context of a rationale for financial regulation, considers how the Financial Services Authority’s (the regulator) approach to establishing compliance…

Cross‐border services into Germany

Andreas Steck, Kristian Landegren

The German Banking Act (the Act) sets out the licensing requirements for the provision of cross‐border financial services into Germany. The licensing requirements under the Act…

Lending decision making and the Competition Commission report on the provision of banking services to small firms

John K. Ashton, Kevin Keasey

This paper examines the Competition Commission report on the provision of small and medium‐sized enterprise (SME) banking services in the UK. The examination will centre on the…

Better than best execution? The Financial Services Authority’s new proposals to reform UK best execution requirements

David Capps

The Financial Services Authority’s (FSA) proposals to revise best execution obligations will involve an extensive departure from existing practices. In particular, achieving the…

Banking regulation and supervision in Japan: Some issues and concerns

Maximilian J.B. Hall

Despite significant changes to the governing institutional framework and to operational procedures, a number of serious doubts remain concerning the cost‐effectiveness of banking…

Crisis and fraud

Pascal Blanque

This paper discusses the relationship between fraud and financial crises. Fraud is envisioned historically as a violation of trust, and the classic triangle of smuggling…

The impact of regulatory change on retail financial product distribution in the UK

Kevin Littler, Robert Hudson

The staggered emergence of the new regulatory regime affecting the distribution of retail financial products in the UK is leading to industry players taking strategic decisions…