Journal of Financial Regulation and Compliance: Volume 12 Issue 1

Not another damned exam!?!

David Bland

This piece critically reviews the potential impact of the FSA’s application of its ‘OperationalRisk’ approach to regulation. It uses the Treasury proposals for ‘Sandler’ products…

Developments in FSA enforcement law: From N2 to the arrival of Callum McCarthy

Graham O’Connell

This paper reviews the major developments in law and policy arising from cases involving the FSA Enforcement Division in the two years after N2. It considers how the FSA has…

Basel II: Vintage 2003

Andrew Cornford

This paper is a commentary on the third in the series of consultative papers (CP3) on a NewBasel Capital Accord for banks, earlier papers being issued in 1999 and 2001. While CP3…

Integration of EU financial markets supervision: Harmonisation or unification?

Andreas Grünbichler, Patrick Darlap

The paper highlights what are currently the most relevant aspects in the debate surrounding the possible reform in the institutional setup of financial markets regulation and…

Taxation and corporate strategy in the single market

Travis Barker

In order to realise economies of scale in the European single market for investment funds, asset managers have typically sought to distribute a single range of investment funds…

Has the Security and Exchange Commission’s Rule 421 made mutual fund prospectuses more accessible?

Don T. Johnson

A mutual fund must provide prospectuses to each potential investor before the fund may accept monies from that individual. The prospectuses are a major source of information about…

Microfinance regulation influence on small firms’ financing in Tanzania

Tadeo Andrew Satta

Small firms in developing countries continue to experience difficulties in accessing finance from formal financial institutions. This paper argues that regulating microfinance…