Financial regulatory developments.

The article presents financial regulatory developments in Great Britain. It mentions the publication of the Investment Trust Regulations 2011 wherein once approved by Parliament, the process of the modernization of the investment trust company (ITC) tax regime will have been completed. The Financial Services Authority (FSA) also requires insurers, banks and other firms to provide at least one month's notice of an issue of shares or other capital instruments that will count as regulatory capital as originally proposed. The decision of the Court of Appeals that extended warranties are regulated insurance products is also tackled.