ARTICLE · 11 JANUARY 2013

Transaction Banking Compass

PwC Malta

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The Financial Stability Board led the surge of shadow banking recommendations in November, which we summarise in this month’s feature article.

MaltaFinance and Banking

Fabio Axisa

Being better informed: financial regulatory, accounting and audit bulletin: December 2012

The Financial Stability Board led the surge of shadow banking recommendations in November, which we summarise in this month's feature article.

In the UK, asset managers were busy digesting the Financial Services Authority's (FSA) first Alternative Investment Fund Managers Directive (AIFMD) consultation and findings from a thematic review of conflicts of interest in asset management.

The FSA also published new capital proposals for self invested personal pension scheme (SIPP) providers and final rules on its large exposures regime. Retail firms are also preparing for the retail distribution review which comes into force 1 January 2013.

In the January edition we will cast our regulatory predictions for 2013.

Previous editions:

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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