Financial Regulatory Forum

On the other hand: When Woodstock meets Wall Street

By Guest Contributor
November 29, 2011

By Scott McCleskey

Nov. 29 (Thomson Reuters Accelus) - If you didn’t know any different, you’d think the Occupy Wall Street movement was the kind of military operation so often criticized by people of a certain political temperament. It started off with a clear mission (financial reform), then suffered from mission creep (economic justice) and it never had an exit strategy. I think there was a surge in there somewhere as well but it’s hard to tell when they all live in tents.

Dead man walking: The FSA’s aggressive stance with financial services firms

By Guest Contributor
September 20, 2011

Pedestrians through Canary Wharf business districtBy Christopher Elias

LONDON, Sept. 20 (Business Law Currents) – If the death sentence of the UK’s Financial Services Authority (FSA) was to earn a last request then it may well have been to introduce a new era of aggressive enforcement as it prepares to hand over power to the Financial Conduct Authority (FCA).

U.S. Fed chief Bernanke says ‘exit’ strategy essential for dollar confidence

By Reuters Staff
October 19, 2009

Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. (File Photo) REUTERS/Kevin Lamarque SANTA BARBARA, Calif., Oct 19 (Reuters) – Federal Reserve Chairman Ben Bernanke on Monday said that the performance of the dollar and the U.S. economy will depend on the government’s success in controlling the country’s budget deficit.

G20 faces credibility test on markets

By Reuters Staff
September 28, 2009

By Sumeet Desai and Chris Buckley
PITTSBURGH, Sept 26 (Reuters) – The Group of 20 rich and developing economies, fresh from a triumphant show of unity at Pittsburgh, faces months of deal-making and communication to markets that will test its credibility as the premier global forum for economic cooperation.

U.S. to push for new economic world order at G20

By Reuters Staff
September 21, 2009

U.S. President Barack Obama shakes hands before speaking about the economy during a visit to Hudson Valley Community College in Troy, New York, September 21, 2009. REUTERS/Kevin Lamarque   (UNITED STATES POLITICS BUSINESS)By Alister Bull

WASHINGTON (Reuters) – The United States wants world leaders to agree this week to launch a major rethink of the world economy in November as they try to strengthen the global economy after its near meltdown.

G20 to keep stimulus, seek coordinated exit strategies

By Reuters Staff
September 2, 2009

By Anna Willard
BRUSSELS, Sept 2 (Reuters) – G20 countries have agreed it is too soon to withdraw measures to end the global economic crisis and will discuss coordinating policy to wind up the trillions of dollars in support at talks in London this week.

Iceland sets plan for lifting capital controls

By Reuters Staff
July 31, 2009

Iceland's Prime Minister Johanna Sigurdardottir (file) By Niklas Pollard and Adam Cox
STOCKHOLM, July 31 (Reuters) – Iceland’s central bank on Friday outlined plans to lift capital controls in the next few months to get the economy functioning more normally, roughly 10 months after the island country’s financial system tottered amid fallout from the global financial crisis.
Also on Friday, the International Monetary Fund and Iceland reached an agreement on economic policy measures under the country’s IMF loan programme.