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ARTICLE · 24 FEBRUARY 2012

Weekly Financial Services Regulatory Update - 17.02.12

This weekly update from Clyde & Co’s Financial Services Regulatory Team summarises new developments as reported by the FSA, the UKLA, the Upper Tribunal, the Financial Ombudsman Service and the London Stock Exchange over the past week.

United KingdomFinance and Banking

This weekly update from Clyde & Co's Financial Services Regulatory Team summarises new developments as reported by the FSA, the UKLA, the Upper Tribunal, the Financial Ombudsman Service and the London Stock Exchange over the past week, with links to the full documents where these are available

Consultation papers:

No new developments this week.

Discussion papers:

No new developments this week.

Policy statements:

No new developments this week.

Press releases:

17 February: FSA secures €77,000 for victims of boiler room fraud. The FSA has successfully obtained a court order against Monobank Plc ("Monobank") which paves the way for €77,000 to be paid in compensation to the victims of a boiler room scam. This sum of money represents an interim payment and the FSA is hoping to secure more through future actions. 20 victims of this particular scam are so far known to the FSA but it believes that there are others who have yet to contact the FSA and who

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