Financial Regulatory Forum

U.K. watchdog agrees to analyse impact of new bank rules

LONDON, Sept 30 (Reuters) – Britain’s financial regulator said on Wednesday it will sketch out how to determine if a bank poses risks to the broader system , and may require higher capital charges to contain risks.

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Regulator blocks Royal Bank of Scotland payout of subordinated bonds

By Jane Baird and Jane Merriman
LONDON, Sept 4 (Reuters) – Royal Bank of Scotland will not exercise options to redeem more than $1.5 billion of subordinated debt next month after regulators objected to it using state aid to repay the low-ranked bondholders.

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UK FSA chief wants banks to draft “living will”-FT

BANKS-REGULATION/   LONDON, Sept 3 (Reuters) – UK financial regulator Chairman Lord Adair Turner backed plans to make systemically important banks draw up “living wills” or wind-down plans in case they fail, the FT reported on Thursday.
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UK’s FSA warns on stock price/liquidity misleading

fsa_logo   LONDON, Sept 1 (Reuters) – The UK market regulator, FSA, said on Tuesday it will fine or suspend market operators involved in  manipulation practices known as “spoofing” and “layering.”
   The warning follows a 35,000 pound ($57,130) fine imposed last year by the London Stock Exchange on an unidentified firm.
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UK Treasury warns regulator off financial tax talk

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.
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UK financial watchdog says may levy higher City tax

BANKS-REGULATION/    LONDON, Aug 26 (Reuters) – The chairman of Britain’s Financial Services Authority (FSA) said he would back higher taxes on the country’s financial sector to prevent institutions making excessive profits and to curb excessive pay.
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UK regulator reviews RBS purchase of ABN Amro

RBS/    LONDON, Aug 16 (Reuters) – Britain’s financial regulator has launched a supervisory review of Royal Bank of Scotland’s <RBS.L> takeover of ABN Amro, the Scottish bank said on Sunday.
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UK regulator bans long-term guaranteed bonuses

fsa_logo1   LONDON, Aug 12 (Reuters) – Britain’s financial regulator on Wednesday banned guaranteed banker bonuses for more than one year as part of a global crackdown on a culture of excessive risk-taking that has destabilised economies.
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UK regulator opposes tight commodity market limits – sources

By Christopher Johnson and David Sheppard
LONDON, Aug 6 (Reuters) – The UK’s financial watchdog looks likely to resist moves towards tighter regulation on commodity markets if a meeting it held with oil industry representatives is any guide, industry sources said on Thursday.

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British regulator launches equities review, dark pools a focus – report

LONDON, Aug 3 (Reuters) – Britain’s Financial Services Authority (FSA) has launched a wide-ranging review of UK equity markets, covering aspects such as high-frequency trading and so-called “dark pools,” the Financial Times reported. (more…)

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