Since 2006 the U.K.’s Financial Services Authority (FSA) has limited investment manager’s use of dealing commissions to the purchase of trade execution and research services. Read more
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Claire Fargeot is head of the Standards and Financial Market Integrity division of CFA Institute for the Europe, Middle East, and Africa (EMEA) region. She is responsible for leading CFA Institute efforts in advocacy, policy development, and regulatory outreach in EMEA.
Following years of regulatory drives aimed at stemming the financial crisis and returning the European ecosystem to stability, the focus is now switching to long-term sustainable growth, with institutional investors expected to play a large part in this turnaround initiative. Read more
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To the surprise of the banking industry, a consensus emerged in the negotiations between the European Parliament and the European Council on executive remuneration for banking institutions, mandating caps on bonuses in relation to fixed pay.
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The EU economy is in need of measures to relaunch economic growth and encourage more long-term sustainable investment, and these measures are expected to focus on supporting the SME sector as well as providing finance for innovation-led sustainable projects and activities. Read more
Leave a Comment As market observers will no doubt concur, nothing in Europe is ever straightforward. The European finance ministers finally reached an agreement on 13 December regarding the European banking supervisor. While this is welcome progress, questions remain unanswered, and some governments and their banks still have some difficult decisions to make. Read more
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The announcement last week from the new Barclays CEO, Antony Jenkins, that employees who do not wish to adhere to a strict new ethical code of conduct should quit the bank and find jobs elsewhere is an obvious step in the right direction for a bank attempting to rebuild its badly damaged reputation. Read more
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While the 2013 Global Market Sentiment Survey reveals cautious optimism about the future of the financial markets in 2013, those are tempered by concerns that the longer-term issues that contributed heavily to the financial and the decline in the integrity of the markets remain unresolved. Read more
Leave a Comment In mid-December 2012, the European Commission revealed its corporate governance “Action Plan” outlining future initiatives in the areas of company law and corporate governance. Read more
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The role of trust in the investment industry forms the central thrust of the UK’s Kay Review. Missing from the long-awaited review: the catalyst for restoring trust. Read more
2 Comments Claire Fargeot examines challenges some firms face in responding to regulatory pressure to encourage more female representation on corporate boards. Read more
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