The Financial Services Act will replace the nine existing financial regulators with a single agency and will see the start of a new and radically different regime. In order to ensure consumer protection and public understanding of the financial system, financial service companies will be monitored to ensure competitiveness. This book will include everything from the regulation of mergers and acquisitions to the regulation of banking services. This book examines the impact of the Financial Services Act on the various industry segments within the sector. Managers will find it an invaluable source of information on how the Act, the Competition Commission and the Office of Fair Trading will deal with competition issues. It includes case studies and boxed sections.
Competition and the FSA : The Economic Regulation of the UK Financial Services Industry