Porsche and VW fallout

Author: | Published: 17 Nov 2008
Porsche caused Bafin a regulatory headache when it revealed a secret 31.5% stake

Following the FSA's tightening of disclosure rules for contracts for difference (CFDs), the UK has become a burdensome place to trade, putting the market at a disadvantage. Lawyers are calling for European supervisors to establish a coordinated reaction to derivatives disclosure.

"It's good that the FSA has taken the lead,...