Organisation for Economic Co-operation and Development On 30 March 2012, the OECD Working Group on Bribery published its report on the UK's application of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments. The report makes further recommendations to improve the UK's fight against foreign bribery and includes an overview of recent enforcement actions.
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Financial Services Authority On 30 March 2012, the FSA published the following finalised guidance (FG12/11): i) financial promotions, fund performance and image advertising; and ii) financial promotions, advertising individual savings accounts (ISAs) and adverts for investment professionals.
Financial Services Authority On 26 March 2012, the FSA published a policy statement on the client money and assets resolution pack (CASS RP) (PS12/6), following an August 2011 consultation paper on recovery and resolution plans.
Financial Services Authority On 29 March 2012, the FSA published a report of the findings of its thematic review into anti-bribery and corruption (ABC) systems and controls in investment banks. The FSA opined that the investment banking sector has been too slow and reactive in managing ABC risks. As a result of the findings, the FSA has also published a guidance consultation setting out proposed amendments to the financial crime guide (FC) (GC12/5). Cross References: http://www.fsa.gov.uk/library/policy/guidance_consultations/2012/gc1205
See: 77 FR 19077 The SEC is adopting revisions to the EDGAR Filer Manual to reflect updates to the EDGAR system. The revisions are being made primarily to support the upgrade to the 2012 US GAAP and 2012 Mutual Fund Risk/Return Summary Taxonomies; to support period field validation updates for the submission of Form N-PX; to remove the OMB expiration date from Form D, 3, 4, and 5; and to include additional filer support fax numbers on various EDGAR Filer Management Website screens. The EDGAR system is scheduled to be upgraded to support this functionality on March 26, 2012. The filer manual is