The last Regulatory Roundup (Issue 26) contained articles covering the proposed revision of the regulatory system which would see the end of the FSA and the birth of the Consumer Protection and Markets Authority (CPMA) and the Prudential Regulatory Authority (PRA) – with the Financial Policy Committee (FPC) having responsibility [...]

It has been announced that Martin Wheatley is to be the CEO of the Consumer Protection and Markets Authority (CPMA). Mr Wheatley, who was previously the CEO of the Hong Kong Securities and Futures Commission, has also been appointed, effective from 1 September, as the new MD of the FSA’s [...]

The Treasury Select Committee, which is looking at the reform of financial regulation, has published, in three volumes, a report which contains some interesting comments questioning the achievability (or wisdom) of meeting the 2012 deadline for the new regulatory system, and the impact of the reform costs on the consumer. [...]

Putting the possibility of any delays to one side, the FSA is sending out a ‘Dear CEO’ letter from Hector Sants providing a progress update on the transition to the new regulatory structure. The communication includes a link to the new FSA management structure, which will take effect on 4 [...]