Saturday 9 May 2009

UK: regulation of the financial services industry - Government proposals due next month

A very quick post. In his response to the Financial Services Global Competitiveness Group report UK International Financial Services – the Future, the Chancellor noted that the Government's proposals for the reform of the UK's financial services industry would be published next month. The Group's report notes, inter alia, that "Strengthened banking regulation globally and improved corporate governance will be key to restoring public confidence".

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