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.
India signs tax avoidance agreement
Thursday 26 Jan 2012 | Karina Whalley
India has added its signature to the Convention on Mutual Administrative Assistance in Tax Matters, an international agreement that aims to combat tax avoidance and evasion.
EU Parliament site hit by hacktivists
Thursday 26 Jan 2012 | Andrew Hickley
The European Parliament has found itself the latest victim of the internet activist group Anonymous, which has taken down the parliament’s website in protest at controversial proposals.
Geithner: Obama won’t pick me again
Thursday 26 Jan 2012 | Andrew Hickley
US Treasury secretary Timothy Geithner has revealed that he does not expect President Barack Obama to keep him on if he is re-elected.
Merkel: Leaders must dare for ‘more Europe’
Thursday 26 Jan 2012 | Andrew Hickley
German Chancellor Angela Merkel says that European leaders must “dare to have more Europe” as part of fiscal integration measures needed to shrug off the sovereign debt crisis.
IMF paper urges Aus bank capital boost
Wednesday 25 Jan 2012 | Karina Whalley
Australian banks must bolster capital ratios otherwise the sector cannot withstand dual shocks from residential mortgages and losses on corporate lending, a paper by IMF economists has warned.
EU may suspend funds to Hungary
Wednesday 25 Jan 2012 | Karina Whalley
EU finance ministers have threatened to cut off Hungary’s access to the EU’s cohesion funds after it found the country had not complied with its recommendations to sustainably reduce its budget deficit.
CRA rotation may reduce competition
Tuesday 24 Jan 2012 | Karina Whalley
The proposed mandatory rotation of credit rating agencies used by companies could actually reduce competition among agencies, industry experts and MEPs said during an Econ meeting.
Banks to get permanent state aid rules
Tuesday 24 Jan 2012 | Karina Whalley
The European Commission is to put forward a more permanent set of state aid rules for bank restructuring when the sovereign debt crisis subsides.
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