Financial Services Act 2012 by the Financial Conduct Authority. Knowingly or deliberately making false or misleading statements in relation to benchmark-setting became a criminal offence. Laws relating to charitable industrial and provident societies were revised! Financial Services Act 2012 The Financial Services Act 2012 is an Act of the Parliament of the United Kingdom which implements a new regulatory framework for the financial system and financial services in the UK. It replaces the Financial Services Authority with two new regulators, namely the Financial Conduct Authority and the Prudential Regulation Authority, and creates the Financial Policy Committee of the Bank of England. This framework went
Tidjane Thiam G20's High Level Panel on Infrastructure Investment. Established by the Seoul G20 summit in 2010, the panel was a grouping of figures from leading financial institutions and development agencies given the task of producing concrete proposals to encourage private sector investment in infrastructure projects in emerging economies. The panel submitted its report to the G20 Summit meeting in Cannes in November 2011. In 2013 Thiam was one of the authors of “A Partnership for the Future”, a report prepared at the request of the French Minister for the Economy and Finance by five French and Franco-African political and economic experts.