Podcast Location:
Download it here [file size: 25.7 MB]
Categories:
Banking and Financial Services
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

As practitioners will be aware, responsibility for financial stability in the UK is currently shared by HM Treasury, the Bank of England (BoE), and the FSA: this is known as the tripartite system and in the biggest shake up since the formation of the Financial Services Authority (FSA) in 2000, the next 12 months will see the abolition of the existing tripartite system. This two-part podcast series will explain what the changes will mean for the way in which financial services within the UK are regulated.

Outcomes:
After completing the course you will:
  • Be familiar with the background to the reforms;
  • Know what changes the Financial Services Bill will make;
  • Appreciate the role, function and powers of the new regulatory bodies;
  • Understand how the new regulatory bodies will work together.
Level:
General Interest Difficulty: 2 of 5
Classification:
Market Update / Hot Topic
Sources and References:
  • A new approach to financial regulation: building a stronger system (February 2011);
  • A new approach to financial regulation: judgement, focus and stability (July 2010);
  • A new approach to financial regulation: securing stability, protecting consumers (January 2012);
  • A new approach to financial regulation: The blueprint for reform (June 2011);
  • Bank of England Act 1998;
  • Financial Services and Markets Act 2000;
  • Financial Services Bill.

In this two-part podcast series Paul Estlin, a financial services regulatory lawyer with over 15 years experience in the financial services industry discusses financial services regulatory reform.

Date recorded: 29th March 2012

Start this CPDcast Activity

© CPDcast.com