Purpose – To provide a summary of the action against Top Bet Placement Services, involving a betting scheme that infringed FSMA 2000. Design/methodology/approach – A detailed exposition of the factual background to this action, including an explanation of how it changed its structure and...

Purpose – This paper seeks to provide foreign exchange risk measurement/management techniques and strategies that can be applied to investment and trading portfolios in emerging financial markets, such as the Moroccan foreign exchange market, with the objective of setting up the basis of a...

Purpose – To examine the case for reforming India's current provident and pension fund governance and regulatory structures. Design/methodology/approach – The paper reviews various components of India's social security system with a view to identifying reform needs in their governance and...

Purpose – The purpose of this paper is to describe the ramifications of the UK Extradition Act of 2003 in the light of the extradition of the “Nat West Three” to the USA. Design/methodology/approach – The paper briefly outlines the background to the case and discusses British extradition...

Purpose – The purpose of this paper is to describe how BCCI liquidators' claim against the Bank of England has been castigated. Design/methodology/approach – The paper outlines the facts surrounding this decision and the action involved. Findings – The UK's longest running and most...

Purpose – This paper aims to explore the key challenges faced by regulators following the implementation of the market abuse directive (MAD) in developing a consistent approach to tackling market abuse. The paper seeks to argue that how regulators respond to these challenges will have a...

BPurpose – To contrast the challenges for bank regulators in a physically small centre such as the Bahamas with those for regulators in New York or London. To identify how the small centres can best meet their challenges, noting especially that Basel II is going to make even more important the...

Purpose – Aims to examine and evaluate the financial and regulatory reforms in the gilt-edged market. Design/methodology/approach – Reviews recent financial and regulatory reforms in the gilt-edged market. Findings – Finds that, overall, the gilts market has maintained its safe haven...

Purpose – This study aims to examine the effect of the Securities and Exchange Commission's regulation fair disclosure (Reg. FD) on analyst forecast performance for pre-Reg. FD closed-call (CLC) and open-call (OPC) firms compared with the non-conference-call (NCC) firms in the post-Reg. FD...

Purpose – Compliance competence is key to the operation and reputation of the financial services sector and is now completely embedded in the way financial services organisations carry on investment business. It is also fundamental to the Financial Services Authority (FSA) in seeking to...