Purpose – This study aims at exploring the UAE banks' Basel II preparations. It is essential for the UAE banks to make adequate preparations to ensure their compliance with international standards and practices in the field of banking. Design/methodology/approach – The author developed a...

Purpose – The purpose of this paper is to offer an initial assessment of the Northern Rock (NR) crisis. Design/methodology/approach – The paper describes the context of financial market turmoil and the multi-dimensional aspects of the crisis. Findings – The central finding of this paper is...

Purpose – The purpose of this paper is to evaluate the relative risks and benefits associated with defined contribution (DC) and defined benefit (DB) pension schemes. New regulatory and governance requirements and demographic changes have all significantly raised the costs and reduced the...

Purpose – The purpose of this paper is to describe the Financial Services and Markets Tribunal ruling on the application of the financial promotion regime, involving Fox Hayes v. Financial Services Authority. Design/methodology/approach – The paper outlines the facts surrounding the case and...

Purpose – The purpose of this paper is to report on the company directors' disqualification proceedings following the failure of FSA-regulated firm. Design/methodology/approach – The paper outlines the facts surrounding the decision and comments on the ruling. Findings – It was found that...

Purpose – The article's aim is to report and comment on the Court of Appeal case Shore v. Sedgwick Financial Services Ltd & Others. Design/methodology/approach – The article outlines the facts surrounding the appeal and comments on the ruling. Findings – The Court of Appeal reached the...

Purpose – The purpose of this paper is to report and comment on Financial Services Compensation Scheme Ltd v. Abbey National Treasury Services plc. Design/methodology/approach – The paper outlines the facts surrounding the case and comments on the decision. Findings – The Court agreed with...

Purpose – On 14 September 2007, after failing to find a “White Knight” to take over its business, Northern Rock bank turned to the Bank of England (the Bank) for a liquidity lifeline. This was duly provided but failed to quell the financial panic, which manifested itself in the first...

Purpose – The purpose of this paper is to assess the role of hedge fund administrators, particularly in relation to valuing complex and/or illiquid financial instruments. Design/methodology/approach – The paper proceeds by way of an analysis of key trends and developments within the hedge...

Purpose – The objective of this paper is to review Spanish regulatory evolution in the collective investment area, which is very recent in its principal aspects. Design/methodology/approach – The paper assesses the way investment funds are impacted by the Markets in Financial Instruments...