Financial services

London's financial community feels it is fighting a war on two fronts: the prospect of being hamstrung by pending EU measures and suffering targeted attacks from the government at home.

The House of Lords EU Committee has written to Financial Services Secretary Lord Myners to express its concerns over "flawed" EU investment proposals.

The AIFM directive was drafted by the EU in response to what it saw as an absence of common regulatory standards for non-Ucits investment vehicles and there are six key issues that specifically affect the UK-listed closed-ended fund sector.

A raft of new measures designed to give regulators more power in tackling city crime are to be unveiled in the Queen's Speech this week.

What are the practical implications for providers of the FSA statements on structured investment products?

I had to smile. Just as I was sitting down to write this, the FSA announced it was going to clamp down on irresponsible mortgage and loan lending by the banks.

What are the Financial Accounting Standards Board's recent rule changes and what are their implications and potential risks for investors?

Following the recent failures of the banking system, the Walker Review rightly recommends greater transparency and engagement

The announcement by the Conservatives they would put regulation of the banks back in the hands of Bank of England if they win the next election was greeted with general approval by most who commented.

The Investment Management Association (IMA) has welcomed proposals set out in the Government's financial services white paper.