Purpose – To provide a practical insight into the Financial Services Authority's (FSA) “Treating Customers Fairly” (TCF) initiative for financial services firms endeavouring to implement such an approach. Design/methodology/approach – This qualitative paper subjectively considers the TCF...

Purpose – Within the UK, low levels of saving has been a continuing policy concern for both government and financial regulators. Why individuals save less than might be expected has been increasingly associated with an inability of ma… financial services consumers to comprehend product...

Purpose – The purpose of this paper is to analyse the capacity of response of the banking sector's information systems (IS), in the light of the new requirements of Basel II (Basel Bank for International Settlements) on the measurement and control of operational risk (OR)....

Purpose – Hedge fund marketers frequently distribute written commentary for investors to use in research. Since, these reports are subject to new regulations of the SEC (March 2004), changes need to be made by the hedge fund marketers. This study seeks to examine this issue....

Purpose – To address the practical implications of the new company law reform bill. Design/methodology/approach – Explain the objectives of the Bill. Findings – The current government position is a continuing preference for disclosure on a voluntary basis by firms but Clause 866 of the...

Purpose – To consider the implications of the banks fiduciary duty to their depositors (as well as the shareholders) and the government's fiscal duty to taxpayers (in the presence of deposit insurance) for the corporate governance (CG) of banks. Design/methodology/approach – Recent...

Purpose – To report and comment on the tribunal case Timothy Edward Baldwin and WRT Investments v. Financial Services Authority. Design/methodology/approach – Outlines the facts and comments on the decision reached. Findings – Finds that the Tribunal made comments and observations that are...

Purpose – While executive compensation has attracted quite a lot of media interest in the UK over the past decade, it is worth emphasising that the debate in the UK has had far less “heat” than that in the USA; this seems to be explained by the UK avoiding, for a number of reasons, the...

Purpose – To report and comment on the tribunal case Jonathan Milnroy Townrow v. Financial Services Authority. Design/methodology/approach – Outlines the facts and explains the decision. Findings – Shows that, even though this was an extreme case, it is likely that any Tribunal would have...

Purpose – Aims to examine the current financial scenario in Cyprus and to suggest medium-term reforms to the institutional set-up of Cypriot financial supervision. Design/methodology/approach – Details the different sectors in Cyprus's financial set-up and suggests measures necessary for...