PurposeThe purpose of this paper is to provide an account of the financial crisis in Western Europe, primarily from a country‐level and banking sector perspective, from 2007 to the spring of 2009. It aims to detail measures enacted by governments and central banks to deal with impaired bank assets, recapitalize or otherwise...... hiện toàn bộ
PurposeThe purpose of this paper is to examine the implicit subsidies received, in the form of stock market returns, from the perception that large banking organizations are too big to fail, and implications for financial regulation.Design/methodology...... hiện toàn bộ
This paper examines the historical and contemporary background to the vexed question of control of the press. Consideration of the Younger Report on Privacy (1972) and the Royal Commission on the Press (1977), both of which were critical of the role of the Press Council, is set against the circulation battles of Fleet Street in the 1980s. Some of the worst excesses of recent cases are cons...... hiện toàn bộ
PurposeTo explore the implications of financial sector convergence for corporate governance systems.Design/methodology/approachGlobalisation, regulatory harmonisation and pensions reform are driving convergence of bank and market ...... hiện toàn bộ
PurposeThe purpose of this paper is to examine the political influence on the reforms proffered for the banking sector.Design/methodology/approachThe paper is divided into three main parts. First, the paper will examine the backgr...... hiện toàn bộ
The applicants in this case were the liquidators of Branston & Gothard Ltd. Branston & Gothard Ltd (Branston & Gothard) were stockbrokers authorised to conduct investment business under the Financial Services Act 1986 by virtue of their membership of the Securities and Futures Authority (SFA). Their main business consisted of portfolio investment management business on behalf ...... hiện toàn bộ
If financial services institutions (FSIs) do not comply with a variety of new regulations they can face criminal charges. Despite budget pressures they must therefore continue to invest in technologies in support of their compliance mandate. This paper describes the major regulations applying to FSIs and discusses IT spending to comply with those regulations.
On 12th March, 1998 the Financial Services Authority (FSA) issued Consultation Paper 7 ‘Pension transfers and opt outs review phase 2’ which addresses the next phase of the pensions review and redress programme begun in 1994. The second phase of the review will focus on younger investors — those who are still 15 years away from retirement. The proposed approach for phase 2, on which the FS...... hiện toàn bộ
This paper examines current issues and recent changes in financial regulation in Ireland. One of the main changes relates to the regulation of Irish financial markets by the central bank. Other bodies will also be, involved in different aspects of regulation. One of the main issues confronting the regulation of markets and financial institutions is cooperation from other jurisdictions. Thi...... hiện toàn bộ
This paper examines the regulatory requirements for the management of customer complaints in financial services. It describes the outcomes of new research, which show that most financial services companies are some way from being able to meet these new regulatory requirements. It identifies the processes that must be followed to fulfil these requirements and outlines the type of system tha...... hiện toàn bộ