Regulators continue march towards stricter rules

Banking supervisors around the world show no signs of easing their march towards implementing stricter supervision of financial services firms

From the news headlines this week it seems regulators are keeping their foot on the accelerator towards issuing more guidance and making strides towards new legislation to strengthen the oversight of financial services firms. The worrying stress-test results in the US this week will no doubt further strengthen their resolve to ensure the future safety and soundness of the financial system.

The head of the UK FSA has also made a speech regarding its attitude towards embedding more robust risk

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