Financial Regulatory Forum

U.S. financial scandals seen sparking 2010 zeal

By Reuters Staff
December 30, 2009

By Dan Margolies

WASHINGTON, Dec 29 (Reuters) – The year of the Ponzi scheme will be followed by heightened regulation and more aggressive prosecutions, experts say, as U.S. officials respond to past failures.

Key U.S. senators see deal on regulatory reform

By Reuters Staff
December 23, 2009

   WASHINGTON, Dec 23 (Reuters) – The top Democrat and Republican on the U.S. Senate Banking Committee said on Wednesday they hoped to resolve their differences on financial regulatory reforms before the Senate reconvenes in January.

U.S. financial crisis panel sets first hearings

December 22, 2009

WASHINGTON, Dec 22 (Reuters) – A U.S. commission created by Congress to investigate the financial crisis has scheduled its first public hearings for Jan. 13 and 14, more than a year since the crisis shook banks and capital markets worldwide.

Basel group wants stricter bank standards by 2012

December 17, 2009

The Bank for International Settlements (BIS), central bank to the world's central banks, and parent organisation of the Basel Committee on banking supervision. By Sven Egenter and John O’Donnell

ZURICH/BRUSSELS, Dec 17 (Reuters) – Banks face having to hoard more funds or turn to investors for fresh capital within as little as three years under proposals by a body which guides global financial regulation.

U.S. House OKs Fed audit provision, eyes on Senate

By Reuters Staff
December 12, 2009

By Mark Felsenthal

WASHINGTON, Dec 11 (Reuters) – The U.S. Federal Reserve on Friday lost the opening round in a battle to defeat a congressional plan to subject its interest rate decisions to audits, and will now look for a comeback victory when the Senate starts to move on regulatory reforms.

U.S. House approves sweeping financial regulation overhaul

By Reuters Staff
December 11, 2009

By Kevin Drawbaugh

WASHINGTON, Dec 11 (Reuters) – The U.S. House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and top Democrats in Congress.

U.S. House poised to back financial rules overhaul

By Reuters Staff
December 11, 2009

By Kevin Drawbaugh

WASHINGTON, Dec 11 (Reuters) – The U.S. House of Representatives was expected to approve the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration.

Financial reforms win procedural vote in US House

By Reuters Staff
December 10, 2009

By Kevin Drawbaugh

WASHINGTON, Dec 9 (Reuters) – The U.S. House of Representatives approved a procedural rule on Wednesday that cleared the way for floor debate to begin on legislation that would give the government broad new powers over large financial firms and tighten bank and capital market regulation.

Darling says will not harm UK’s financial sector

By Reuters Staff
December 7, 2009

 A man looks out over Hampstead Heath, with the City of London in the background October 29, 2009.   By Matt Falloon and Steve Slater

HORSHAM, England, Dec 7 (Reuters) – The British government will not do anything to hurt London’s financial prowess and would rather go too far with economic support measures than not go far enough, Finance Minister Alistair Darling said on Monday.

France’s Barnier expected to get EU financial services post -envoys

By Reuters Staff
November 20, 2009

Michael Barnier (2nd R), then foreign minister of France, sits between U.N. Deputy Secretary General Louise Frechette (R) and French Ambassador to the United Nations Jean Marc de la Sabliere (2nd L) at a luncheon for the five permanent members of the U.N. Security Council 59th United Nations General Assembly, September 23, 2004. (File photo) REUTERS/Henny Ray Abrams  By Julien Toyer and John O’Donnell
BRUSSELS, Nov 20 (Reuters) – A former French foreign minister is expected to take charge of financial services in the European Union, diplomats said, a move that would unsettle bankers worried he may take a hard line with the industry.
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