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Briefing document on the implementation of the new Financial Services Bill and associated secondary legislation 9 June 2008

The Commission has today issued a briefing document on the implementation of the new Financial Services Bill and associated secondary legislation.

The document includes an invitation to comment on the prospective extension of the register of licenceholders to cover “nominee” companies. The Association of Corporate Service Providers, Association Licensed Banks and Fund Management Association have all indicated that they would be happy to receive comments from their members, so comments may be directed either via one of these associations or directly to the Commission at the address provided in the document. Comments are requested by 14 July.

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