The FSA: Vying To Be Viewed as an Aggressive Regulator

The Financial Services Authority in the U.K. has been aggressively prosecuting insider trading cases as part of its efforts to shed its lackluster image. Until last week, the regulator had prevailed in four successive insider trading trials. Last week, the FSA's program was dealt a setback...

MF Global UK Enters Special Administration Regime

View Media The Financial Services Authority ("FSA") has confirmed that MF Global UK Limited ("MF Global UK") has entered the Special Administration Regime created under the Investment Bank Special Administration Regulations 2011 ("Regulations"). MF Global UK is...

Hamud M. Balfas on the Financial Services Authority Law and Its Impact on the Distribution of Financial Products in Indonesia

by Hamud M. Balfas Excerpt: On 22 November 2011, Indonesian President Susilo Bambang Yudoyono finally signed the Financial Services Authority bill ( Otoritas Jasa Keuangan , or the OJK), enacting Law No. 21/2011 (Law 21). Law 21 was enacted to implement Law No. 23/1999 (as amended) (Law 23...