Breakingviews

RBS shows watchdogs need power to stop M&A

December 12, 2011

Many of the factors identified in the Financial Services Authority's 452-page report into the lender's near-collapse and rescue are relics of a different era. However, when it comes to big bank takeovers, further changes are still needed.

JPM insider non-trading case puts banks on notice

April 4, 2012

Britain’s regulator has fined Ian Hannam for sharing price-sensitive information about a client. The penalty looks harsh since the JPMorgan dealmaker’s slip was accidental and nobody traded on the tip. Even if Hannam wins his appeal, advisers may have to re-think how they work.

Hedge funds may still escape EU pay crackdown

July 7, 2010

Hedge funds should stop panicking. It is true that some have been lumped in with banks on tough new European Union rules regulating pay. But there are a number of factors that should defuse the threat.

FSA ruling narrows accepted practice loophole

October 12, 2009

The Financial Services Authority's decision to censure two Dresdner Kleinwort traders for trading while in possession of inside information about a forthcoming issue of floating rate notes by Barclays has implications that go far beyond the offence of trading ahead of a formal announcement.

Tin tests FSA’s mettle

October 5, 2009

The year-long squeeze in the London Metal Exchange’s tin contract has renewed intense criticism about the ineffectiveness of commodity regulation in London. It comes at an awkward time, just as the UK authorities try to resist pressure from the United States to introduce stricter market oversight and tougher position limits.

Standards slip with FSA’s listing regime

September 28, 2009

Just as the head of the UK's Financial Services Authority is warning against the dangers of allowing competition to drive regulation, the watchdog has approved a new set of listing rules which do just that.