Quarterly review – regulatory principles, efficiency and financial stability

George Walker reviews the main developments that have taken place during the last regulatory quarter. Each of the main sets of problems and reforms adopted are considered and some of the continuing outstanding regulatory challenges involved referred to. This includes many of the key papers and events at the UK, European and international levels.

George Walker, Centre for Commercial Law Studies, London

Financial Services Authority

The Financial Services Authority (FSA) began the year with the release of its latest Financial Risk Outlook (FRO) and the final transposition rules for the Markets in Financial Instruments Directive (MIFiD).