Compliance clarified: February 2012

Briefing from Nabarro on changes at the Financial Services Authority, European investment law and more.

The FSA has confirmed that it will introduce the new twin peaks system of regulation internally from 2 April 2012.

From this date, there will be two supervisory groups at the FSA: one supervising prudential regulation and another focusing on conduct issues; representing what will become the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) under the new regulatory structure…

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