Global Trade Alert
Global Trade Alert

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United Kingdom: Tighter FSA's grip over international banks

Description

On 1 December 2009, the Financial Services Authority (FSA) has significantly increased control over overseas banks that want to take deposits in the UK. This step aims to force overseas banks to op...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

01 Dec 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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