Since A Practitioner's Guide to The FSA Regulation of Investment Banking was first published in 2002, the regulatory environment in which investment banks operate has continued to undergo significant change. This new edition has been particularly revised in light of the implementation of the Prospectus Directive and also the advent of the new Market Abuse Regime. The process of implementing the Market Abuse Regime and the Prospectus Directive has included significant amendments to the Code of Market Conduct, the Listing Rules and the Conduct of Business rules, which are now covered in some greater depth.
Additionally, a new chapter on hedge funds reflects the growth of the hedge fund market and its increasing importance within corporate finance. A Practitioner's Guide to The FSA Regulation of Investment Banking is intended as a guide to the changes affecting corporate finance regulation generally but with an emphasis on the investment banking sector. It is written by a team of leading practitioners and will provide practical insight into the implications of the regulatory environment for a wide range of corporate finance activities.