The UK Financial Services Authority has recently published an important report that builds upon a series of late 2011 and early 2012 “thematic reviews” of FSA-authorised investment managers (the “Report”). The Report, which focuses (at length and with specific examples) on numerous failures to identify, monitor and mitigate conflicts of interest in ways that meet

This webinar provides an overview of compliance and regulatory issues in European distressed debt and claims trading. Topics covered include the U.K. regulatory treatment of bank debt and bonds, navigating cross capital structure trading strategy issues, the implications of the Loan Market Association’s (LMA) transparency guidelines and Financial Services Authority (FSA) issues for fixed income