Financial Regulatory Forum

FACTBOX-State of play on global bank levies pre-UK budget

By Reuters Staff
June 21, 2010

June 21 (Reuters) – British Finance Minister George Osborne will unveil plans for an extra tax on banks to pay for bailouts on Tuesday as part of a budget expected to be the most austere in 30 years.

PREVIEW-Reuters Summit-Banks face pressure to get dull

By Reuters Staff
April 26, 2010

By Kevin Drawbaugh

WASHINGTON, April 25 (Reuters) – If the U.S. Congress approves financial regulation reform — and that looks likely to happen soon — banking stands to become a duller business.

HIGHLIGHTS – UK’s Brown on ruling Labour Party manifesto

By Reuters Staff
April 12, 2010

BIRMINGHAM, England, April 12 (Reuters) – Britain’s ruling Labour Party published its policy programme on Monday for the May 6 general election.

FACTBOX – How does the EU plan to shake up financial services?

By Reuters Staff
April 7, 2010

BRUSSELS, April 7 (Reuters) – The European Union (EU) is embarking on an overhaul of financial services that politicians hope will send bankers back to their roots of no-frills lending to households and business.

SCENARIOS – G20 efforts to agree on a bank levy

By Reuters Staff
March 31, 2010

By Huw Jones

LONDON, March 31 (Reuters) – France backed Germany’s plans for a bank levy on Wednesday to boost momentum for a global deal among the G20 group of leading countries later this year.

BREAKINGVIEWS – UK bank tax could raise up to 3.6 billion sterling a year

By Reuters Staff
March 24, 2010

– The authors are Reuters Breakingviews columnists. The opinions expressed are their own –

EU parliament backs creation of bank crisis fund

By Reuters Staff
February 9, 2010

By John O’Donnell

STRASBOURG, France, Feb 9 (Reuters) – The European Parliament is set to back a proposal that would force banks to pay into an emergency fund designed to help cope with future financial crises, a document seen by Reuters shows.

G7 wants banks to pay for rescue

By Reuters Staff
February 8, 2010
G7 on Ice

G7 on Ice

By Louise Egan and Gernot Heller

IQALUIT, Canada, Feb 6 (Reuters) – The idea of a global tax on banks to recapture bailout costs gained ground over the weekend, boosted by the Obama administration’s latest proposals, but there was no agreement on a specific design.

BREAKINGVIEWS-Obama reforms could undermine global bank rules

By Reuters Staff
January 25, 2010

G20/ By Peter Thal Larsen and Hugo Dixon

LONDON, Jan 25 (Reuters Breakingviews) – The overhaul of the global financial system has entered a new, more complicated phase. For two years, a fragile multilateralism has prevailed as the world’s largest economies agreed that changes should be designed and adopted on a global basis. The task of redesigning financial regulation was largely delegated to central bankers, regulators and other technocrats.

UK’s Brown sees growing support for bank levy

By Reuters Staff
January 25, 2010

By Keith Weir

LONDON, Jan 25 (Reuters) – British Prime Minister Gordon Brown said on Monday he saw growing support for some form of international levy on banks to fund support for the industry.