Purpose – The purpose of this paper is to describe how The European Court of Justice's (ECJ) recent judgment in Asnef‐Equifax v . Ausbanc has clarified the circumstances in which financial institutions may exchange information regarding the solvency and creditworthiness of their clients...

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...

Purpose – The purpose of this paper is to outline the objections to terms of FSA decision notice heard by the Financial Services and Markets Tribunal. Design/methodology/approach – The paper outlines the facts surrounding the decision and comments on the ruling. Findings – It was found...

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 purpose of this paper is to examine the predictability of the US‐based international mutual fund returns by investigating 2,479 daily observations for all categories of international equity, bond and hybrid mutual funds. Further, trading strategies are proposed and tested under...

Purpose – Against the backdrop of the Financial Services Authority's Retail Distribution Review, this study aims to present an assessment of the potential development of a UK personal financial advising profession. The development of a profession dedicated to providing financial advice is...

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 report and comment on the Court of Appeal, Poole and Others v. HM Treasury . Design/methodology/approach – The paper outlines the facts surrounding the case and comments on the ruling. Findings – Lord Justice Buxton gave the only judgment in this...

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 provide an overview of key issues in the governance of defined contribution pension schemes, with a focus on investment matters, and to recommend best practices. Design/methodology/approach – The paper draws on the results of an online survey of the...