Tag Archives: Banking

Spotlight on investor protection: The Hong Kong Financial Dispute Resolution Centre implements a more moderate package of reforms

The Financial Dispute Resolution Centre (FDRC) in Hong Kong has issued its conclusions to its consultation on proposals to significantly expand the jurisdiction of the Financial Dispute Resolution Scheme (FDRS), its alternative dispute resolution scheme for conflicts between financial institutions … Continue reading

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Filed under Hong Kong, Regulatory Reform

Financial Services (Banking Reform) Bill laid before Parliament: Regulator to be given power to enforce full separation

The Financial Services (Banking Reform) Bill¬†(the Bill) was introduced to Parliament on 4 February 2013.¬† On the same day, the Government published its response to the report which the Parliamentary Commission on Banking Standards (PCBS) published at the end of … Continue reading

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Filed under Bank of England, Banking, HM Treasury, Regulatory Reform, Retail Banks, UK, UK Legislation