Financial Services Law
3rd Edition
Published on 20. March 2014
Book
Hardback
1056 pages
978-0-19-968559-2 (ISBN)
Description
This new edition explains all of the substantial institutional and structural changes made under the Financial Services Act 2013 and parallel changes at European and global levels.
This includes the abolition of the Financial Services Authority (FSA) and its replacement with a separate Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA), and with a new Financial Policy Committee (FPC) established within the Bank of England to manage the new 'macro-prudential' policy regime in the UK.
The new edition also considers regulatory developments at regional and international level including changes to the Prospectus and Market Abuse Directives and the proposed changes to Markets in Financial Instruments Directive (MiFID) and the introduction of the Markets in Financial Instruments Regulation (MiFIR).
In addition the third edition also includes a new chapter on regulation and financial disputes in the civil courts. The chapter considers the protection offered consumers under The Financial Services and Markets Act 2000 ("FSMA"). This includes dispute resolution through the Financial Ombudsman Scheme or the Financial Services Compensation Scheme, and, in the context of an authorised firm, a statutory right to claim for breach of rules made by the regulatory authorities and for acting beyond
the scope of authorisation under the Act.
This new edition provides very timely analysis of the recent changes in regulatory structure and substance providing valuable insights into the way in which the regulation and rules have and will be interpreted by the various new authorities. It is a must-have reference source for all lawyers working in financial services.
This includes the abolition of the Financial Services Authority (FSA) and its replacement with a separate Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA), and with a new Financial Policy Committee (FPC) established within the Bank of England to manage the new 'macro-prudential' policy regime in the UK.
The new edition also considers regulatory developments at regional and international level including changes to the Prospectus and Market Abuse Directives and the proposed changes to Markets in Financial Instruments Directive (MiFID) and the introduction of the Markets in Financial Instruments Regulation (MiFIR).
In addition the third edition also includes a new chapter on regulation and financial disputes in the civil courts. The chapter considers the protection offered consumers under The Financial Services and Markets Act 2000 ("FSMA"). This includes dispute resolution through the Financial Ombudsman Scheme or the Financial Services Compensation Scheme, and, in the context of an authorised firm, a statutory right to claim for breach of rules made by the regulatory authorities and for acting beyond
the scope of authorisation under the Act.
This new edition provides very timely analysis of the recent changes in regulatory structure and substance providing valuable insights into the way in which the regulation and rules have and will be interpreted by the various new authorities. It is a must-have reference source for all lawyers working in financial services.
Reviews / Votes
Review from previous edition The 2nd edition of Financial Services Law confirms its place as a "must have" on the book shelves of all financial services practitioners both legal and compliance and both in-house and in private practice * Stephen Revell, Freshfields Bruckhaus Deringer LLP * Financial Services Law is thoroughly researched meaning no stone is left unturned by the authors in their quest of providing...key text for financial services lawyers. * Student Law Journal, 2001-2010 * I highly commend this work. Its position as one of the leading works in the field is put beyond doubt by this 2nd edition * Stephen Revell, Freshfields Bruckhaus Deringer LLP * This book is very highly recommended reading for all of those with an interest in any aspect of financial services law. It is extremely well written by expert contributors and has a clear focus throughout. it is comprehensive and clear in its coverage of all the major issues. * Journal of International Banking Law and Regulation * The 2nd edition of Financial Services Law keeps the work at the cutting edge and, accordingly, it remains one of the most authoritative and comprehensive works on the financial services regulatory regime in the UKMore details
Edition
3rd Revised edition
Language
English
Place of publication
Oxford
United Kingdom
Target group
College/higher education
Professional and scholarly
Edition type
Revised edition
Dimensions
Height: 249 mm
Width: 183 mm
Thickness: 49 mm
Weight
1470 gr
ISBN-13
978-0-19-968559-2 (9780199685592)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Professor George Walker is a Professor in International Financial Law at the Centre for Commercial Law Studies at Queen Mary University of London. He is also a solicitor and consultant to Farrer & Co.
Michael Blair QC has been in self employed practice at the Bar since 2000 and was previously General Counsel to the Board of the Financial Services Authority 1997-2000. He has been a leader among the specialists in the field of financial services since he first joined the Securities and Investments Board as its legal Director in 1987.
Robert Purves is a commercial lawyer at Three Verulam Buildings with strong specialism in financial services law and regulation. From April 2003, Robert was Chief Counsel, Insurance and Prudential Policy at the Financial Services Authority, the UK body responsible for the licensing, oversight and regulation of almost all financial services business in the UK.
Michael Blair QC has been in self employed practice at the Bar since 2000 and was previously General Counsel to the Board of the Financial Services Authority 1997-2000. He has been a leader among the specialists in the field of financial services since he first joined the Securities and Investments Board as its legal Director in 1987.
Robert Purves is a commercial lawyer at Three Verulam Buildings with strong specialism in financial services law and regulation. From April 2003, Robert was Chief Counsel, Insurance and Prudential Policy at the Financial Services Authority, the UK body responsible for the licensing, oversight and regulation of almost all financial services business in the UK.
Content
PART I - REGULATORY STRUCTURE; PART II - FINANCIAL SERVICES REGULATION; PART III - FINANCIAL SECTORS AND ACTIVITIES