Journal of Financial Regulation and Compliance: Volume 6 Issue 2

Reducing systemic risk in payment and securities settlement systems

Marc Vereecken

The past decade, with its unprecedented surge in financial activity and financial crises, has been one of increased awareness on the part of both regulatory authorities and market…

Financial services regulation and the Internet

Heather Rowe

The great attractions of the Internet are its flexibility and its international reach and, some might say, its anarchic nature. However, a company planning advertising or trading…

The new Financial Services Authority: Plans for implementation

Andrew Hilton

The UK is undergoing a revolution in the structure of financial regulation that is being closely watched — but not necessarily emulated — around the world. The motivation for…

Auditor independence and the expectations gap: Some evidence of changing user perceptions

Vivien Beattie, Richard Brandt, Stella Fearnley

The audit function is an essential part of the regulatory structure which supports the integrity of our capital markets. There is a recognised expectations gap which surrounds the…

Regulatory News

In unveiling its proposals for the tax‐favoured Individual Savings Account (ISA) in December 1997 the Government has left regulatory issues alone at this stage saying that once it…

Joseph Gerald Taylor v Investors Compensation Scheme

Beldam LJ, Potter LJ, J Balcombe

This was an appeal from an earlier decision of the Queens Bench Divisional Court in R v Investors Compensation Scheme ex parte Gerald Taylor (judgment date 29th November, 1996…

Financial Services Authority Limited (formerly the Securities and Investments Board) v Scandex and Another

Hobhouse LJ, Millett LJ, Otton LJ

This case, when it arose at first instance, was considered last year in the pages of this Journal (see ‘SIB Court Action against forex trader’, Vol. 5(4), Journal of Financial…