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Focus on Regulation

Tag Archives: FSA

UK Food Standards Agency reviewing Feed Law Code and Guidance

The UK Food Standards Agency (FSA) is consulting on its proposals to amend the Feed Law Code of Practice and Practice Guidance. The Code and Guidance have to be taken into account by local authorities when enforcing feed law requirements in England (there are separate documents for Wales, Scotland and Northern Ireland).

U.S. Department of Education Launches New Feedback System for Federal Student Aid

On July 1, the U.S. Department of Education launched the Federal Student Aid Feedback System, an online portal that allows federal student aid customers to submit complaints, provide positive feedback, and report allegations of suspicious activity regarding the federal student aid programs. The Feedback System was identified as a primary objective of the “Student Aid Bill of Rights” proposed by President Obama in March of 2015.

This new feedback system is part of a larger effort by ED to enhance its oversight and enforcement capabilities with regards to student loan borrowing. Although it does not create any new requirements for institutions participating in the federal student financial aid programs, the feedback system will provide new avenues for customers to alert ED about potential compliance issues or misconduct.

FSCS funding proposal is a ‘significant cause for concern’, says Hogan Lovells

LONDON, 25 OCTOBER 2012 — The FSA’s proposed financial services compensation scheme (FSCS) funding model is a significant cause for concern according to a report by Hogan Lovells, written on behalf of the Investment Management Association (IMA) in its response to the regulator’s consultation. Charles Brasted, Of Counsel at Hogan Lovells, who co-authored the report