Corporate finance business events: FSA

Changes to the UK’s financial regulation system will be a key topic at corporate finance business events, after the new Financial Policy Committee at the Bank of England was unveiled this week.

The FPC will oversee the government’s new system of regulators. The Financial Services Authority previously held responsibility for conduct in business, yet will be split up into two new bodies. One will be charged with curbing the risk taken by banks, while the other will help protect consumers.

The FSA was heavily criticised during the height of Britain’s financial crisis in 2008. The job of the Bank of England committee will be to identify risks taken in the UK financial system, and intervene where necessary. It will also work with regulators in other countries where necessary.

Marcus Evans presents corporate finance business events, created by experienced professionals and with information presented by industry experts.