Weekly Financial Services Regulatory Update - 20.04.12

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, 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 April: FSA statistics show boiler room fraudsters are making greater efforts to con consumers – but having less success. The FSA has published statistics which indicate that there has been a 19% increase in enquiries about share fraud but a 7% decrease in the number of people contacted by and subsequently investing in boiler rooms. The FSA is encouraged by these figures but is continuing its efforts to combat the problem, including having produced a video for consumers that explains