Financial regulatory developments.

Source :: Law & Financial Markets Review. Nov2013, Vol. 7 Issue 6, p323-330. 8p. 2 Charts.
Publication Year :: 2013
Abstract: The article discusses the developments in the financial services industry in Great Britain as of November 1, 2013. Topics include the decision of the Court of Appeal on the case Green & Rowley v. Royal Bank of Scotland PLC concerning interest rate swap, the concerns of the Financial Conduct Authority (FCA) on the impact of payments in service or distribution agreements on the Retail Distribution Review (RDR) objectives and the guidance consultation on inducements and conflict of interests.