Legal News for UK Co-ops and Mutuals

This is a blog where brief information about developments in UK Co-op and mutual law will be reported. Readers of this blog will also find Linda Barlow's Co-operatives UK Blog at http://www.uk.coop/blogs/linda.barlow helpful. For an network of academics working on co-ops, mutuals and social enterprises visit http://blogs.kent.ac.uk/r-comuse/2012/09/welcome-to-r-comuse/

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Interested in sharing information and knowledge around legal issues for co-ops and social enterprises in the co-oplawnews blog and thoughts on random issues in the "real" blog.

Wednesday, May 23, 2012

Advice to FSA on New Registration Guidance

From the Autumn of 2011 until March 2012 I was involved, as part of a team in Cobbetts LLP in developing advice for the FSA on the registration requirements for co-operatives and community benefit societies. Those involved were Michael Cook and Ramona Taylor of the FSA, and Kevin Jaquiss, Cliff Mills and Ian Snaith of Cobbetts LLP. On 27th February 2012 a consultation meeting on the opinion and linked matrix about financial services regulation was held at Cobbetts LLP. The meeting was attended by a representatives of a wide range of co-operative and social enterprise bodies and advisors, invited by the FSA. Here is the advice and here is the matrix put online at the request of Michael Cook.

It will be interesting to see what the next stage of this process will be from the FSA which is currently undergoing substantial reorganisation in readiness for the changes in the Financial Services Bill 2012 and the draft regulations referred to here.

© Ian Snaith 2012 This work is licensed under the Creative Commons Attribution-NonCommercial-Noderivs 2.0 England and Wales Licence. To view a copy of this licence visit http://creativecommons.org/licenses/by-nc-nd/2.0/uk/ or send a letter to Creative Commons, 559 Nathan Abbott Way, Stanford, California 94305, USA

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