Journal of Financial Regulation and Compliance: Volume 7 Issue 4

Liability of financial advisers for pensions mis‐selling

Philip Ryley, John Virgo

This paper is based on a talk given by Philip Ryley and John Virgo to the Association of Pension Lawyers at their annual conference in Bournemouth in November 1998. In it the…

Enforcing compliance with accounting standards: The role of the Financial Reporting Review Panel in the UK regulatory framework

Robert E. Jupe

A new regulatory regime for issuing, and enforcing compliance with, accounting standards has been established in the UK. It includes an enforcement body, the Financial Reporting…

Going Dutch: Catch‐all insider trading

Marc Groenhuijsen, François Kristen

In the Netherlands new legislation has come into force in order to deal with insider trading. The legislator followed a new strategy. This time, instead of a provision with…

Cost‐benefit analysis in financial regulation: How to do it and how it adds value

Isaac Alfon, Peter Andrews

The proposed contents of the planned Financial Services and Markets Act have been revealed in the draft bill (FSMB) that was introduced into Parliament on 17 June, 1999 and in…

Minimising the cost of FSA supervision

Roger Turner

This paper sets out some of the issues facing a firm in attempting to reduce the costs of compliance and concentrates on the operations performed by a firm's supervision teams and…

European Monetary Union: Legal compliance for IT systems — Après ‘Le Weekend’

Alan Hawley

A number of articles have been written about information technology (IT) law aspects of the euro, and there is the implication that there is something special about euro…

Trust status for ‘surpluses’ account set up during wind down of SFA member firm

Joanna Gray

The applicants in this case were the liquidators of Branston & Gothard Ltd. Branston & Gothard Ltd (Branston & Gothard) were stockbrokers authorised to conduct investment…

Court of Appeal rules on the scope of s.47 of the Financial Services Act 1986

Evans LJ, Ward LJ, Mummery LJ, David Capps

In a 1999 Court of Appeal decision it was held that s.47 of the Financial Services Act 1986 (the Act) did not create a new, wider duty of disclosure than that already existing at…

Website review

Martyn Kendrick

This review considers selected websites of interest to anyone concerned with electronic commerce and its regulation. This is an area of growing interest within the financial…