banking law
Banking Regulation in the United Kingdom
Introduction Banking regulation in the United Kingdom underwent profound reform following the global financial crisis of 2007–2008. The crisis revealed fundamental weaknesses in the regulatory …
Financial Services Regulation in the United Kingdom
Introduction Financial services regulation in the United Kingdom is governed by the Financial Services and Markets Act 2000 (FSMA 2000), which established the framework for the authorisation, …
The Financial Ombudsman Service
Introduction The Financial Ombudsman Service (FOS) is the statutory dispute resolution body for consumer complaints against financial services firms in the United Kingdom. Established under Part XVI …
United Kingdom Banking Law
The Bank of England and Monetary Policy The Bank of England, founded in 1694 and nationalised in 1946, serves as the central bank of the United Kingdom. The Bank of England Act 1998 granted the Bank …