The New Global Regulatory Landscape

ROSS McGILL is a prolific author in this field. His extensive experience is based on over a decade of providing the financial services sector with practical, best practice solutions to compliance, data protection, corporate governance and regulatory issues. He is director of marketing for Globetax and managing director of TConsult Ltd. He is the author of two best-selling books on international regulations and treaties. TERENCE SHEPPEY has over twenty years experience in the IT and communications industry, including twelve working with international companies and managing global relationships. His work on shaping strategies led him to found Precision Texts Ltd, a strategy, white paper and documentation specialist consultancy. Experience of working with major financial institutions and researching regulatory frameworks has led to expertise in the history and direction of financial regulation.

Introduction The New Global Regulatory Framework Who should read this book and Why The Investor's Perspective PART 1: THE STRATEGIC VIEW Corporate & e-Governance Money Laundering International Terrorism Financial Disclosure Investor Activism PART 2: REGULATORY OVERVIEW UK UK Regulatory Map Combined Code Higgs Turnbull MLR 2003 Freedom of Information ISO17799 OFR USA Sarbanes Oxley AML S. 1441NRA Patriot Act Gramm Leach Bliley Safe Harbor Europe Basel II UCITS III Data Protection Asia/Pacific FTR (Australia) India Data Protection Global Double Tax Treaties PART 3: REGULATORY OVERLAPS AND THEIR IMPACT EU Data Protection and US Safe Harbor MLR2003 and Client Confidentiality Sarbanes Oxley and MLR2003 Freedom of Information, Data Protection and Freedom of Information Patriot Act, S1441NRA and MLR2004 UCITS III and Double Tax Treaties PART 4: PRACTICAL COMPLIANCE ISSUES GRIA, Global Regulatory Impact Assessment Audit PART 5: POLITICAL DEVELOPMENTS Extraterritoriality Monitoring Risk Potential Liability PART 6: OTHER OPERATIONAL ISSUES Operational Compliance Information Technology Inter-departmental Liaison Risk Profiling vs Liability PART 7: INVESTOR ISSUES Return on Investment Confidentiality Documentation Education PART 8: THE FUTURE Predictions for Financial Services Summary of Potential Future Developments