GFS has now closed Global Financial Strategy was set up in April 2010 and closed at the end of January 2012.
Barnier warns on further bonus reforms Internal market commissioner Michel Barnier has warned that Europe’s banking industry will face more reforms if banks continue to pay bonuses that go “against morality”.
Davos stalemate on EU’s IMF funds The UK and other G20 countries said they will not help to bolster the International Monetary Fund until the eurozone’s member states contribute more of their own funds.
Canada aligns credit rating rules with EU The Canadian securities watchdog has clamped down on credit rating agencies by releasing new legislation in line with international standards, especially those in Europe.
US & Int accountants to align standards
Monday 30 Jan 2012 | Andrew Hickley
US and international accounting regulators have agreed to look into reducing the differences between their respective classification and measurement models for financial instruments.
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.
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.
IASB announces three reappointments
Tuesday 24 Jan 2012 | [email protected] Three members of the International Accounting Standards Board have been re-elected, trustees of its oversight board announced on Tuesday.
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