Update

ISSUE 37, February 2002

European Regulation
- The Commission's Consultation Paper: Proposals for a Revised Investment Services Directive
- The Proposal for a Directive on Market Abuse
- CESR's (Second) Consultation on Harmonised Business Conduct Rules
- CESR's (Third) Consultation on the Classification of Regulation of Alternative Trading Systems
- Barriers to Derivatives Business

UK Regulatory Reform
- Money Laundering Verification Checks
- Human Resources Forum
- N2 Arrangements
- Director, UK Regulation

Financial Regulation
- Basel Proposals on Operational Risk
- Application of ACMP Requirements
- Financial Regulation Forum

Clearing and Settlement
- Use of the IUGA in Italy
- FOA Clearing and Settlement Forum

Member Services
- EMP/OMP Standardised Documentation Library
- Cross-Border Legal/Regulatory Guide
- Operational Risk

Training and Education
- FSA Seminars for Senior Management
- Results of Compliance in Derivatives Course - Autumn 2001

Membership
- Annual General Meeting
- New Members

Publications
- "Derivatives 2002"

Events
- The City Debate
- Derivatives Week 2002
- Forthcoming Events

Welcome to February 2002 issue of "Update" which is the twelfth on-line production of our Newsletter. Please continue to email any comments or questions you may have to the Publications Department.

Key subjects of interest this month are:

If you have any comments regarding this issue of the "Update" please contact Ann-Mari Burt or call + 44 (0)20 7426 7262.

For further information please contact:

Regulatory Matters Anthony Belchambers
Member Services Hugo Jenkins
Accounting/Finance David Stuart
Public Affairs Patricia Duncan
Information Services Ann-Mari Burt
Special Events Lucy Johnson