We’ve complied a list of the main political events that financial services companies should be looking out for in the UK and Europe on 2012 and early 2013. Highlights include the outcome of the Jackson Review in the form of Legal Aid, Sentencing and Punishment of Offerders (LASPO) Bill which is expected to pass through Parliament imminently, and the implementation of the Finacial Services Bill which reflects the Government’s commitment to strengthen the financial regulatory structure in the UK following the recent banking crisis.The legislation will fundamentally reform the current regulatory system, which divides responsibility for financial stability between the Treasury, the Bank of England and the Financial Services Authority (FSA). And of course the much awaited Retail Distribution Review (RDR) which will finally come into effect at the end of this year.
1. UK Political Update
2. EU Political Update