03/13/2014

EU regulator defends extraterritorial laws

The chairman of the European Securities and Markets Authority, Steven Maijoor, outlines to AsianInvestor his views on the effect of rules such as AIFMD on non-EU jurisdictions.

03/13/2014

An arrest in FCA boiler room investigation

Boiler room operations usually use high-pressure selling techniques to persuade consumers to buy shares that are often worth very little or nothing at all.

03/12/2014

FCA says general insurance add-on industry must make changes

The Financial Conduct Authority is proposing a shake-up of the £1bn general insurance add-on markets including banning pre-ticked boxes, forcing firms to publish claims ratios and breaking the point of sale advantage for guaranteed asset protection

03/12/2014

EU Parliament Adopts Omnibus II, Finalizes Solvency II

The introduction of the Solvency II regulatory regime inches closer after the European Parliament voted on Tuesday to adopt Omnibus II, a directive that completes and finalizes the common prudential framework for insurance regulation and supervision in th