TITLE

RDR could be a positive force but questions remain

PUB. DATE
July 2009
SOURCE
Money Marketing;7/2/2009, p29
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
In this article the author analyzes the advantages and disadvantages of the retail distribution review (RDR) in Great Britain in 2009. There are assumptions that the RDR could possibly improve the financial services market but it also creates uncertainties on its capability to protect the welfare of the consumers. The implementation of the program is part of the Financial Services Authority's (FSA) effort in regulating the compliance of banks and insurers with the consumer protection policy.
ACCESSION #
43257065

 

Related Articles

  • Non-banks disappointed about BoE decision on FLS. Brennan, Henry // Mortgage Strategy (Online Edition);4/24/2013, p2 

    The article reports that Great Britain's Bank of England ruled to exclude non-banks from participating in the Funding for Lending Scheme (FLS) as of April 24, 2013. Non-banks have been calling on the central bank to allow them to have direct access to FLS. Non-banks have expressed concern and...

  • Short-term fixes could be expensive for UK banks further down the line. Flinders, Karl // Computer Weekly;4/2/2013, p6 

    The article discusses the British financial services industry as of April 2013, suggesting that information technology departments are implementing short-term fixes to comply with banking regulations that will be more difficult to manage or streamline in the longer-term. According to the...

  • Concern over loans buffer. Dale, Samuel; Brennan, Henry // Money Marketing;11/22/2012, p41 

    The article discusses the implications of banking reforms on the mortgage market in Great Britain. The final rules for the mortgage market review was already published by the Financial Services Authority (FSA). The unweighted leverage ratios is one of significant measures in the banking reforms....

  • The power of disruption. Chahal, Mindi // Marketing Week;5/15/2014, p3 

    The article discusses competition between established and disruptive brands as of May 2014, focusing on the financial services industry, the grocery industry, and the energy industry and presenting an interview with the marketer Alex Bannister. Topics include banking laws in Great Britain, banks...

  • UK 2010 election: financial focus.  // MarketWatch: Financial Services;May2010, Vol. 9 Issue 5, p11 

    In this article, the author discusses research conducted by the journal which examined the opinions by consumers towards the recession in Great Britain. The author highlights that consumers believed that the recession was caused by the banking system's failure and the government's insufficient...

  • The next credit crisis probably won't come from the banks. The danger lies in the corporate bond markets. Martin, Felix // New Statesman;11/8/2013, Vol. 142 Issue 5183, p20 

    The article looks at the financial system and financial regulation in Great Britain, as of November 2013. It discusses the shift of corporate finance from bank loans to corporate bonds in the period since the 2008 global financial crisis. The author suggests this trend has rendered the bond...

  • MPs warn Osborne not to use industry fees to fund Treasury. Dale, Samuel // Money Marketing (Online Edition);11/21/2012, p6 

    The article reports that Great Britain chancellor George Osborne has been warned by Parliamentary Commission on Banking Standards chairman Andrew Tyrie not to look for "back door" funding from the financial services industry. It highlights the questions encountered by Osborne regarding his plans...

  • Banking reform needs global effort.  // Accountancy;Nov2008, Vol. 142 Issue 1383, p87 

    This article reports that British Members of Parliament (MPs) met with representatives from the banking and financial services industry to discuss the Banking Reform Bill. Individuals central to the discussion are noted as having included Ian Pearson MP, economic secretary of the Treasury,...

  • Life-Saving Remittances Smothered by Anti-Money-Laundering Laws. Matonis, Jon // American Banker;8/16/2013, Vol. 178 Issue F332, p43 

    The author offers opinions on money laundering laws in the U.S. and Great Britain. Both countries are criticized for laws which are said to unduly hamper the ability of the banking industry to serve financial services industry companies which offer money transfer services for immigrants making...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics