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 in charge of privatising extensive state-owned assets. In August 1998, in addition to his role at the BNETD, where he became chairman, Thiam formally joined the cabinet and was appointed Minister of Planning and Development. In his years in Côte d'Ivoire, Thiam promoted private sector involvement in infrastructure development. He implemented flagship projects including the Azito power plant (nominated by the Financial Times as one of the boldest successful investment decisions in the world, the renovation of Abidjan airport and the construction of the Riviera Marcory toll bridge, whose financing was closed a few days before the 1999 coup. One