HM Treasury’s statement of new regulation 4, July to December 2012
Updated 15 January 2015
In or out? | Impact assessment number | Title of measure | Purpose of the measure | Date the measure is due to come into force | Equivalent annual net cost to business (£m, 2009) | Impact assessment |
---|---|---|---|---|---|---|
In | HMT 1200 | Bank Executive Remuneration Disclosure | To require greater disclosure of non-board senior executives’ remuneration details | December 2012 | £0.04 | IA not published |
In | HMT 1140 | Payment Services Regulations 2012 | To introduce a fit and proper pensions test to be conducted by the FSA on owners and managers of money remittance firms | October 2012 | £0.17 | Payments |
Out | HMT 1122 | Money Laundering Regulations 2007 | To improve the implementation of the Third EU Money Laundering Directive | October 2012 | -£3.13 | IA not yet published |
Out | HMT 1201 | UK implementation of the amended EU Prospectus Directive | To simplify the rules governing the prospectuses firms required to produce as part of the capital raising process | July 2012 | -£0.60 | IA not yet published |