Wilson PonU.K. Banks Have to Face with Tougher Regulation!
January 11th 2010 12:37
It seems like the U.K. banks have many things to settle, as they’re having a tougher regulation now.
Mr. Alistair Darling, the honored Chancellor of the Exchequer, had already outlined a new council to observe the financial stability. However, they’re keeping the current system of regulation during the observation.
Meanwhile, the Conservatives claimed that it would be better to abolish the current system and give more supervision power to the Bank of England!
George Osborne, the Shadow chancellor mentioned the government’s reforms were totally an “inadequate response” to the economy crisis.
According to Alistair Darling, the financial system is essential, as it to ensure robust regulation between banks and financial institutions, so they could be better managed and organized!
Well, there will be more arguments about this reform, and I’ll keep you all update, when I have the latest news about it…
Mr. Alistair Darling, the honored Chancellor of the Exchequer, had already outlined a new council to observe the financial stability. However, they’re keeping the current system of regulation during the observation.
Meanwhile, the Conservatives claimed that it would be better to abolish the current system and give more supervision power to the Bank of England!
George Osborne, the Shadow chancellor mentioned the government’s reforms were totally an “inadequate response” to the economy crisis.
According to Alistair Darling, the financial system is essential, as it to ensure robust regulation between banks and financial institutions, so they could be better managed and organized!
Well, there will be more arguments about this reform, and I’ll keep you all update, when I have the latest news about it…
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