The In-House Lawyer

New era in UK financial services regulation The current recession has brought about significant changes in the UK financial services sector, ranging from a hardening of the public’s attitude towards financial institutions to the partial nationalisation of two of the largest b... Read more	Future of credit rating agencies: reform ahead? Credit Rating Agencies (CRAs) have recently been on the receiving end of increasingly close scrutiny by regulators as decision-makers on both sides of the Atlantic have asked serious questions of the role and structure of ... Read more
Court of Appeal supports FSA’s request for documents The trend for co-operation between international financial regulators has become a feature of the regulatory environment over recent years. On 24 February 2010, in a boost for the Financial Services Authority (FSA) in its approach ... Read more	Enviroco: what now for the meaning of subsidiaries? The recent decision in Enviroco Ltd v Farstad Supply A/S [2009] has prompted debate and consideration of how corporate structure has, and should be, defined going forward, and the potential impact this may have on ... Read more
Walker Review Sir David Walker published his final review of corporate governance in banks and other financial institutions on 26 November 2009 (the Review). This followed a period of consultation based on initial draft recommendations that were ... Read more	Islamic project and infrastructure finance:re-emergence of the Murabaha ‘Even these metallic problems have their melodramatic side.’ (Oscar Wilde, The Importance of Being Earnest (1895, in premier))BackgroundThe nature of project and infrastructure finance has changed markedly over the past 18 months as a consequence ... Read more
No private action for market abuse or breach of the listing rules In Hall v Cable and Wireless Plc [2009] the High Court held that the Financial Services and Markets Act (FSMA) 2000 does not give investors a private action for market abuse or breach of the ... Read more	Corporate governance in banks and financial institutions: change ahead   As a result of the banking crisis of 2008/09 the question of how the industry can guard against future failures has attracted substantial comment from the press, experts and regulators. One area of focus ... Read more
More in: Banking and finance