Financial Regulatory Forum

UK watchdog FSA sees tougher trading supervision

November 24, 2009

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

September 21, 2009

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.

UK Treasury warns regulator off financial tax talk

August 27, 2009

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.

UK market watchdog says time short for big change

July 23, 2009

    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. 

UK’s FSA warns banks of trading book capital hikes

June 30, 2009

  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…)