Background

The Risk and Regulation Monthly provides a summary of the key International, European and UK regulatory developments and pertinent regulatory activity affecting the Financial Services industry.

Several widely anticipated documents were issued in December, including the European Council's agreement on a Single Supervisory Mechanism in the euro area and the first report of the UK Commission on Banking Standards. Additionally, the UK Financial Services Bill received Royal Assent.

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Risk and Regulation Monthly December 2012 (PDF)

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.