FSA crackdown conflicts with US disclosure

Author: | Published: 1 Sep 2009

The UK Financial Services Authority’s (FSA’s) more active investigation of banks, doubtless accelerated by the threats of the Conservative party to abolish it, has hit deals by US banks in particular. The FSA is probing the sponsor role on deals, which is proving especially frustrating for US underwriters, where due diligence tends to be...



close Register today to read IFLR's global coverage

Get unlimited access to IFLR.com for 7 days*, including the latest regulatory developments in the global financial sector, updated daily.

  • Deal Analysis
  • Expert Opinion
  • Best Practice


*all IFLR's global coverage published in the last 3 months.

Read IFLR's global coverage whenever and wherever you want for 7 days with IFLR mobile app for iPad and iPhone

"The format of the Review has changed over the years; the high quality of its substantive content has not."
Lee C Buchheit, Cleary Gottlieb