Financial Regulatory Forum

UK watchdog FSA sees tougher trading supervision

fsa_logo   By Huw Jones
   LONDON, Nov 23 (Reuters) – The UK financial services sector must face a “profound shift in regulatory philosophy” that includes tougher curbs on trading to cut risk, Britain’s financial watchdog said. (more…)

COLUMN-”Tobin tax” gaining ground in Europe: Paul Taylor

James Tobin By Paul Taylor
PARIS, Sept 21 (Reuters) – No longer just a hopeless cause for anti-capitalist activists, the idea of a global tax on financial transactions is gaining ground in Europe.

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UK Treasury warns regulator off financial tax talk

BANKS-REGULATION/   By Kate Kelland and Huw Jones
   LONDON, Aug 27 (Reuters) – The UK Treasury and industry groups on Thursday poured cold water on support from the country’s top market regulator for a global tax to curb excessive bank bonuses.
   Financial Services Authority Chairman, Adair Turner, sparked industry ire after saying a “Tobin” style tax may be needed.
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UK market watchdog says time short for big change

    LONDON, July 23 (Reuters) – The “green shoots” of recovery must not distract regulators from pushing ahead with the radical changes needed to make markets safer again, Britain’s top financial supervisor said on Thursday. 
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UK’s FSA warns banks of trading book capital hikes

  By Huw Jones   Adair Turner, chairman Britain's Financial Services Authority

  LONDON (Reuters) – Britain’s banks will have to set aside far larger amounts of capital to cover trading risks in future, the country’s top financial watchdog said on Tuesday in a move backed by Europe’s top bank. (more…)

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