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HM Treasury

August 16th, 2010 The UK's New Regulatory Structure: A New Beginning, or Rearranging the Pieces?

The new UK coalition government announced that it will introduce legislation to disband the UK financial regulator, the Financial Services Authority (FSA), which was established by the previous government in 1997. Legislation will devolve the FSA's regulatory and supervisory powers to a variety of other financial regulatory supervisory bodies by 2012. Bob McDowall of TowerGroup reviews the impact of the prospective changes on financial services institutions.

July 29th, 2010 UK in Focus: Regulatory Reform News of the Week

The financial regulatory landscape continues to transform but this week the news was mostly focused on the UK.

July 26th, 2010 Financial Secretary to the Treasury Launches Consultation on the Implementation of Financial Regulation Reforms Announced at Mansion House

Financial Secretary to the Treasury, Mark Hoban MP, today launched the Government’s consultation on the implementation of reforms to financial regulation.

The document sets out detailed proposals for reform of the financial services sector, first announced by the Chancellor in his Mansion House speech on 16th June 2010.

March 2nd, 2010 Why the FSA Gets It

In a Q&A Mark Battistoni of Chatham Financial explains why the FSA’s approach to regulatory reform of the OTC derivatives markets is better.

December 15th, 2009 Treasury Sets Out Plans to Manage Investment Bank Failures

The Treasury has today published proposals to strengthen the UK's ability to deal with any future failure of an investment bank. The proposals will enhance the UK’s reputation as one of the world’s leading centres for conducting investment business.

These proposals are part of the Government’s broader work on reducing the impact of failing firms. They build on the steps the Government took in the Banking Act earlier this year to resolve failing retail banks.

Financial Services Secretary Paul Myners said:

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