Hector Sants, chief executive of the Financial Services Authority (FSA), will meet with Occupy London protesters in a private session on Wednesday.
Shadow business secretary John Denham will today announce an investigation into companies that knowingly "rip off" consumers, with a focus on financial services.
Hector Sants, chief executive of the FSA, said the organisation's successor the Prudential Regulatory Authority (PRA) will take a judgment-based rather than reactive approach to regulation.
Mortgage brokers are most concerned about attracting new clients and dealing with regulatory change, according to research by NatWest Intermediary Solutions.
The Markets in Financial Instruments Directive will introduce a "degree of distortion" into the regulator's handbook by placing undue emphasis on certain rules, says the Association of IFAs.
A move to industry guidance confirmation is not an attempt by the Financial Services Authority to outsource rule-making to trade associations, claims Dan Waters, asset management sector leader at the FSA.
Regulation and customer-focussed initiatives are at the forefront of financial services firms' agendas in 2007, according to Clearconcepts' financial services discussion club.
The FSA is considering giving confirmation to certain guidance notes from trade bodies to provide a degree of predictability for firms in principles-based regulation.
The Association of IFAs has raised concerns the ombudsman's subjective approach to deciding cases will be replicated by the FSA in its principles-based regulatory regime.
The Financial Services Authority should only monitor the outcome and not the process of firms' compliance with principles-based regulation, suggests the Association of IFAs.