...Azish Filabi; Sophia Duffy; Steve Parrish Purpose This paper, an analytical one, aims to address how regulations in the USA designed to protect investors against conflicts of interest fall short of addressing risks from technologies used in retail investor-facing financial services. Current...

...Morgan Fenelon; Juliette van Doorn; Wieke Scholten Purpose Financial services firms have a significant societal responsibility to prevent issues. The three lines model helps them do that though faces challenges in its effectiveness. This paper aims to offer a behavioural perspective...

... and authors. The full terms of this licence may be seen at http://creativecommons.org/licences/by/4.0/legalcode Financial services Reporting Finance Financial regulation Banking regulation Financial law Since the European Commission’s FinTech Action Plan of March 2018, the most prominent EU...

... laundering Threshold regression Financial services Anti-money laundering In recent times, financial inclusion has become a topical issue among policymakers and regulators, especially of developing nations, because of its role in poverty reduction, provision of affordable credit, provision...

...Namrata Sandhu Purpose This study aims to enlist the red flag behaviors exhibited in financial services frauds. Design/methodology/approach A pluralistic mixed methodology was adopted in this study. Data collected via semi-structured interviews were coded, quantified and subjected...

... assumptions, and that the trend of increasingly detailed rule-making, supervision and sanctioning in this area might be counter-effective. This should cause financial services legislators and regulators to be cautious when proposing more detailed rules as solutions to perceived problems. The paper argues...

... in the financial services industry; and to provide grounds for policy recommendations. Design/methodology/approach The paper takes the form of collective, interdisciplinary reflection and experience within the industry. Findings New Product Committees can serve a practical approach to responsible...

...Joanna Gray Purpose The purpose of this paper is to discuss R (on the application of British Bankers Association) v. Financial Services Authority and another (Queens Bench Division: Administrative Court: Mr Justice Ouseley). Date of Judgment: 20 April 2011. Design...

... in greater sustainability. The paper uses examples from the work of Ostrom on sustainable common‐pool resources to support this view. Examples are also given from the financial services industry. Findings The paper suggests that non‐legislative, informal rules of behaviour may be a useful source...

... the client sufficient time to consider the implications of being classified as an intermediate customer; and (iii) has obtained the client's written consent, or is otherwise able to demonstrate that informed consent has been given. Legal decisions Financial services Banks High Court...

...Joanna Gray Purpose The purpose of this paper is to discuss the judicial review of Financial Services Compensation Scheme's (FSCS) exercise of power to impose compensation costs levy (R v. Financial Services Compensation Scheme Ltd and Financial Services Authority ex parte ABS...

... asymmetry due to compliance risk measurement approaches, depending both on the proportionality principle and on the existence of different supervisors with a heterogeneous set of enforcement rules (Coffee, 1981 ; Braithwaite, 2002 ; Parker, 2006 ; Financial Services Authority, 2009). In particular, our...

... Financial services Legislation Date of Judgment: 11 February 2010 The court in these proceedings had to decide certain preliminary issues of law arising out of a mis‐selling claim brought against Royal Bank of Scotland Plc (hereafter “the Bank”) by Titan Steel Wheels Ltd (hereafter “Titan...

... together common themes for regulatory reform across the European Union (EU). It pays particular attention to two key papers, that from the Chairman of the UK Financial Services Authority (The Turner Report) and from the senior EU Group, the de Larosiere Report. Findings It is suggested that some nine...

... decisions Financial services Building societies Higher courts Courts of Appeal © Emerald Group Publishing Limited 2009 Whether or not the statutory assumptions to be employed by the valuer and set out in the legislative framework would inevitably meant that the NR Compensation scheme...

...Andrew Campbell; Joanna Gray Purpose The purpose of this paper is to look at a recent Financial Services Authority (FSA) challenge in the Court of Appeal to finding of Financial Services and Markets Tribunal on question of whether solicitors' firm had contravened financial promotion regime...

... Limited 2009 Bank Banking Financial services Eastern Europe The existence of developed financial institutions is an important prerequisite for an efficient allocation of capital and sustainable economic growth. Therefore, viable and well functioning banking sectors are important...

...Kevin Keasey; Charlie Cai; Joanna Gray Purpose The paper's aim is to report and comment on two preliminary issues that arose from claims being pursued by the Financial Services Compensation Scheme (FSCS) against Abbey National Treasury Services (ANTS) and NDF Administration Ltd (NDF). Design...

...Joanna Gray 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...

... decisions Betting Financial services Spreadex Ltd v. Sekhon (High Court: Chancery Division: Mr Justice Morgan).Date of judgment: May 23, 2008 The facts in this case were largely agreed between the claimant, Spreadex Ltd, a spread betting company authorized to conduct...