Financial Regulatory Forum

New EU finance watchdogs seen muzzled on companies

November 18, 2009

By Jonathan Gould
FRANKFURT, Nov 18 (Reuters) – Three new pan European Union financial watchdogs being set up next year are expected to have limited powers when it comes to individual markets and companies, officials said.

UK urged to ready veto on EU bank supervision plan

By Reuters Staff
November 16, 2009

By Huw Jones
LONDON, Nov 16 (Reuters) – A sweeping European Union reform of financial supervision could turn into a muddle which Britain should veto unless there are tougher national safeguards, a UK parliamentary report said on Monday.

European Central Bank welcomes new role in new European supervisory body

By Reuters Staff
November 4, 2009

  FRANKFURT, Nov 4 (Reuters) – The European Central Bank welcomed plans to give it the key role in a new European supervisory body, saying it would neither distract it from ensuring price stability nor create a threat to its independence.