Update

Membership

	Annual General Meeting

The FOA’s Annual General Meeting was held on 19th December at the offices of Credit Lyonnais Rouse and was attended by some 40 member representatives. Roy Leighton, Chairman of the FOA, thanked all members for supporting the association’s activities and referred to the steps being taken by the FOA to provide support to the membership and the industry in the event of a major disaster taking place in Europe. Looking to the future, Anthony Belchambers highlighted the significant increase in the FOA’s role in Europe due to the drive for regulatory harmonisation and completion of the single market in financial services. He also anticipated an increase in the number of member projects developed by the FOA. After the business was completed, members joined the Chairman and Board over a glass of wine.

	New Members

We are pleased to welcome the following new members since the last Update:-

British Energy Power and Energy Trading Ltd

British Energy is the UK's largest electricity generator, operating some 11,600mw nuclear and fossil-fuelled power stations. British Energy Power and Energy Trading's business is to trade this power profitably through various routes to market.

For further information please visit their web site: http://www.british-energy.co.uk

TXU Europe Energy Trading Ltd

TXU Europe Energy Trading Ltd is one of Britain's leading gas and energy retailers with interests in everything from energy retailing and trading to energy generation.

For further information please visit their web site: http://www.txu.com/eu/

Taylor Joynson Garrett

Taylor Joynson Garrett is a full service City law firm. It is regulated by the FSA to engage in non-mainstream regulated activity (incidental to its legal practice). Its Financial Services Group provides legal and regulatory advice to many City and international financial services institutions.

For further information please visit their web site: http://www.tjg.co.uk