regulation

Rob Swan, managing director - data services at Calastone Data Services, examines the implications of the latest set of European regulations for fund managers.

Last month's paper on corporate bonds

Duplicates existing rules

Lloyds faces biggest fines

Thematic review showed most funds correctly marketed

Latest regulatory burden for advisers

FCA was formed three years ago

Follows departure of Wheatley last year

"I am not worried about the tax, it is not like it was my money in the first place. I will pay the tax and then buy a flat in Tenerife, which will keep me going for my retirement".

'Low consumer awareness'