- “The Failure of the Royal Bank of Scotland”, Financial Services Authority Board Report (December 2011).
- House of Lords, House of Commons, Draft Financial Services Bill, Session 2010–12, Report, HL Paper 236, HC 1447 (December 2011).
- See generally The Law Commission, Criminal Liability in Regulatory Contexts, Consultation Paper No 195 (August 2010).
- See eg the recent call made by the ABI to align bankers' re muneration more clearly with shareholder returns: “Bankers Poised for Scrutiny on Bonus Packages”, Financial Times 6 December 2011.
- See C Goodhart, “The Boundary Problem in Financial Regulation” (2008) 206 National Institute Economic Review 48.
- Para 38.
- Para 20.
- The important issue of whether such an approval requirement would be consistent with the EU Acquisitions Directive (2007/44/EC) is ignored here.
- See EU Commission, Public Consultation on the application of Directive 2007/44/EC as regards acquisitions and increase of holdings in the fi nancial sector (August 2011).
- Part 2 Appendices, Table 2, para 30 (p 301).
- Para 40.
Law and Financial Markets Review
Volume 6, 2012 - Issue 1