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SFA: CAD2 agreement leads to changes in credit risk requirement and large exposure rules
Reino Unido 15/07/1998
Now that a "common position" has been agreed in Brussels to finalise amendments to the Capital Adequacy Directive and the Solvency Ratio Directive (the "CAD2"), SFA has issued a Consultation Document...
Financial Services: ISA update
Reino Unido 15/07/1998
On 18th May 1998, HM Treasury published the first concrete proposals on the ISA entitled "Making Saving Easy". This explains the way in which ISAs will receive a CAT benchmark. CAT stands for reasonable...
FSA announces further senior appointments 2
Reino Unido 15/07/1998
The FS has announced a number of appointments at or near director level. Steven Davis, an economist at the Institute of Directors, was appointed Senior Economist, UK Economic Analysis on 14th April 1998....
SFA: Confirmation of rule changes in relation to stock lending transactions
Reino Unido 15/07/1998
SFA Board Notice 459 sets out proposed rule changes in relation to stock lending transactions involving customer's assets. These proposed rule changes were implemented on 1st June 1998, with the following...
FSA Internet guidance
Reino Unido 15/07/1998
It has taken some time for both the regulators and regulated firms to get to grips with the regulatory implications of the Internet. Whilst some ad hoc guidance has previously been given by the various...
Statutory nuisance - R v Bristol City Council, ex parte Everett (13 May 1998) High Court, Queen's Bench Division
Reino Unido 15/07/1998
Ms Everett, the tenant of a nineteenth century house in Bristol, suffered from a back injury and as a result had difficulty in negotiating a steep internal staircase at the premises. Ms Everett contended...
Water pollution (see also: Procedure) - Environment Agency v Brock plc (16 February 1998) Queen's Bench Divisional Court
Reino Unido 15/07/1998
In December 1996, an Environment Agency officer found contaminated leachate leaking from the Hooton landfill in Ellesmere Port, Cheshire into a ditch tributary of the River Dibben. The source of the escape...
Water pollution (see also: Procedure) - Savage v Fairclough (10 March 1998) High Court, Queen's Bench Division
Reino Unido 15/07/1998
Mr Savage farmed land adjacent to Mr Fairclough's farm and obtained water from a spring. The Court found as fact that the water supply was contaminated with nitrates. The Court also accepted that a substantial...
Judicial review (see also: Integrated pollution control, Planning) - R v Bolton Metropolitan Borough Council ex parte Kirkman (5 May 1998) Court of Appeal
Reino Unido 15/07/1998
This case was the appeal from a decision of the High Court Queen's Bench Division of 19 December 1997 which is covered in more detail in issue 2 of the Case Law Digest. Mr Kirkman sought to quash the grant...
Water pollution (see also: Procedure) - R v Welsh Water (1 April 1998) Cardiff Magistrates' Court
Reino Unido 15/07/1998
Welsh Water connected an old supply line to the mains and as a result dirty water was released into the system and supplied to 13,500 people. Welsh Water failed to warn residents and took thirty hours...

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SFA: CAD2 agreement leads to changes in credit risk requirement and large exposure rules

Financial Services: ISA update

FSA announces further senior appointments 2

SFA: Confirmation of rule changes in relation to stock lending transactions

FSA Internet guidance

Statutory nuisance - R v Bristol City Council, ex parte Everett (13 May 1998) High Court, Queen's Bench Division

Water pollution (see also: Procedure) - Environment Agency v Brock plc (16 February 1998) Queen's Bench Divisional Court

Water pollution (see also: Procedure) - Savage v Fairclough (10 March 1998) High Court, Queen's Bench Division

Judicial review (see also: Integrated pollution control, Planning) - R v Bolton Metropolitan Borough Council ex parte Kirkman (5 May 1998) Court of Appeal

Water pollution (see also: Procedure) - R v Welsh Water (1 April 1998) Cardiff Magistrates' Court

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