FINANCIAL SERVICES AUTHORITY
COI
FINANCIAL SERVICES AUTHORITY
FSA/PN/59/98 14 August 1998
THE BANKING ACT 1987
THE BANKING COORDINATION (SECOND COUNCIL DIRECTIVE) REGULATIONS 1992
The list of institutions is amended in the following respects:-
1. INSTITUTIONS AUTHORISED UNDER THE BANKING ACT 1987 TO ACCEPT
DEPOSITS IN THE UNITED KINGDOM
(i) UK-INCORPORATED AUTHORISED INSTITUTIONS
Deletion UCB Bank plc
(ii) AUTHORISED INSTITUTIONS INCORPORATED OUTSIDE THE EUROPEAN
ECONOMIC AREA
Change of Name
Union Bancaire PrivYee, CBI-TDB to Union Bancaire Privee, UBP
2. EUROPEAN AUTHORISED INSTITUTIONS (EAIs) ENTITLED TO ESTABLISH
UK BRANCHES
(i) EAIs WHICH ARE ENTITLED TO ACCEPT DEPOSITS THROUGH A BRANCH
IN THE UK
Institution
Country of home State supervisory authority
Addition
AIB Capital Markets plc Republic of Ireland
Change of Name
Postipankki Ltd to Leonia Bank plc Finland
(ii) EAIs WHICH ARE NOT ENTITLED TO ACCEPT DEPOSITS THROUGH
A BRANCH IN THE UK
Institution
Country of home State supervisory authority ddition
Deutsche VerkehrsBank AG Germany
3. EUROPEAN AUTHORISED INSTITUTIONS ENTITLED TO PROVIDE
SERVICES ON A CROSS-BORDER BASIS IN THE UK
(i) EAIs WHICH ARE ENTITLED TO ACCEPT DEPOSITS IN THE UK
ON A CROSS-BORDER BASIS
Institution
Country of home State supervisory authority
Additions
Allied Irish Banks plc
Republic of Ireland
BHF-BANK AG Germany
Hypo-Bank Ireland
Republic of Ireland
(ii) EAIs WHICH ARE NOT ENTITLED TO ACCEPT DEPOSITS IN
THE UK ON A CROSS-BORDER BASIS
Institution
Country of home State supervisory authority
Additions
CDC Projets France
FMN Factoring SAS France
Website: http://www.fsa.gov.uk
COI
FINANCIAL SERVICES AUTHORITY
FSA/PN/58/98 14 August 1998
PENSIONS REVIEW PHASE 2 - FSA AND PIA PUBLISH FINAL DETAILED POLICY
AND GUIDANCE
Following consultation, the Financial Services Authority (the FSA)
and the Personal Investment Authority (PIA) today publish a joint
statement of policy on phase 2 of the pensions review.
In addition, detailed guidance has been issued. The FSA has
published model guidance on phase 2, which is addressed to the
front-line regulators for them to adopt (with modest modification
to fit individual circumstances). PIA has simultaneously published
guidance for its members - setting out procedures to be followed by
firms carrying out phase 2 of the pensions review.
These documents are published following the announcement on 28
July of high-level decisions on phase 2 made by the FSA and PIA
Boards following consultation.
NOTES TO EDITORS:
1. Copies of the documents are available from the FSA publications
department, price #10 each, on receipt of a cheque made payable to
the FSA.
ENQUIRIES:
Website: http://www.fsa.gov.uk
# = pounds sterling