Sarkozy to introduce French FTT in August
Monday 30 Jan 2012 | Andrew Hickley
French President Nicolas Sarkozy has announced he will introduce a 0.1 per cent Tobin tax in the country regardless of whether other European countries implement the levy.
Canada aligns credit rating rules with EU
Monday 30 Jan 2012 | Karina Whalley
The Canadian securities watchdog has clamped down on credit rating agencies by releasing new legislation in line with international standards, especially those in Europe.
EC: No corp gov powers for ESAs
Monday 30 Jan 2012 | Karina Whalley
The European Commission says it has no intention of giving the European Banking Authority or the European Insurance and Occupational Pensions Authority detailed powers to regulate corporate governance.
Risk of new banking crisis is top threat
Monday 30 Jan 2012 | Karina Whalley
The risk of another global recession and a new banking crisis are the top two threats that the worldwide banking industry is currently facing.
RBS chief rejects bonus after outcry
Monday 30 Jan 2012 | Karina Whalley
The Royal Bank of Scotland chief Stephen Hester has bowed to political and public pressure by refusing to accept a bonus of shares worth £963,000 (€1,151,000/$1,510,000) for 2011.
EC’s impact assessments improving
Monday 30 Jan 2012 | Karina Whalley
The Centre for European Policy Studies has found that the quality of regulatory impact assessments in the European Commission and the UK, has improved steadily over time.
UK releases Financial Services Bill
Friday 27 Jan 2012 | Karina Whalley
The UK has unveiled its much-awaited Financial Services Bill which aims to overhaul the failed system of financial regulation but it has already been met with criticism.
Deferred publication regime ‘flawed’
Friday 27 Jan 2012 | [email protected] A leading trade body is calling for European regulators to revise the deferred publication regime for equity post trade transparency saying the current reporting delays permitted under MiFID regime are “flawed” and will damage the market.
UK slammed on Hester’s £1m bonus
Friday 27 Jan 2012 | Andrew Hickley
The UK government has been slammed after it emerged that Royal Bank of Scotland chief Stephen Hester will receive a bonus of almost £1m (€1.2m/$1.6m) for his efforts in 2011.
EU launches backlash on Volcker rule
Friday 27 Jan 2012 | Karina Whalley
The European Commission has threatened to replicate extraterritorial measures in Europe if US does not drop similar proposals being brought in under the Volcker rule.
GFS is pleased to offer you a two-week free trial.
You will receive a daily email bulletin of the latest regulatory news and analysis and a weekly email round-up.
Please complete the free trial form.
You will also receive full access to our online site.