Financial Regulatory Forum

FACTBOX-EU to improve protection of financial consumers

July 12, 2010

July 12 (Reuters) – The European Union’s executive put forward proposals on Monday to bolster consumer confidence through better and faster protection of investors who face a run on their bank or have been the victim of fraud.

BREAKINGVIEWS – Compromise in sight on EU hedge funds directive

By Reuters Staff
April 14, 2010

– The author is a Reuters Breakingviews columnist. The opinions expressed are his own –

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.

ANALYSIS – EU focus on credit default swaps may not yield bans

By Reuters Staff
March 5, 2010

By Huw Jones

LONDON, March 5 (Reuters) – European governments are exploring ways to curb trade in credit default swaps but may have to settle for requiring greater disclosure rather than banning certain forms of speculation.

Global accounting body told to improve governance

February 8, 2010

By Huw Jones

LONDON, Feb 8 (Reuters) – The world’s most influential accounting rule setter is not answerable enough to users or the public and must improve its governance further, top financial regulators said on Monday.

EU sees positive outcome on Spanish bank fund

By Reuters Staff
January 18, 2010

(Adds more quotes, background)

BRUSSELS, Jan 18 (Reuters) – The European Commission said on Monday it was confident of issuing a positive decision on a Spanish government scheme to help crisis-hit banks avert any solvency problems.

EU economy, tax nominees may face second grilling

By Reuters Staff
January 14, 2010

By John O’Donnell

BRUSSELS, Jan 14 (Reuters) – One of the European Union’s top lawmakers has said she may demand a second hearing to quiz the bloc’s designated tax and economics chiefs before the committee she leads decides whether to approve their appointments.

EU executive to target derivatives speculation

By Reuters Staff
January 13, 2010

(Adds more detail on derivatives legislation)

BRUSSELS, Jan 13 (Reuters) – Speculation in commodity derivatives has been “scandalous” and needs to be regulated carefully, the European Union’s nominee for chief financial watchdog said on Wednesday.

EU’s Barnier says will mull short-selling curbs

January 13, 2010

By John O’Donnell

BRUSSELS, Jan 13 (Reuters) – The European Union’s designated financial services chief has pledged to examine curbs on short-selling and extend a planned regulatory shake-up to every corner of the industry, blamed by many for the economic crisis.

EU exec likely to sue Greece over statistics mess

By Reuters Staff
January 12, 2010

By Jan Strupczewski

BRUSSELS, Jan 12 (Reuters) – The European Commission is likely to launch infringement proceedings against Greece for failing to provide reliable statistics on its budget deficit and debt, an EU source with knowledge of the proceedings said on Tuesday.