Regulation

In a shocking move to quell the issues of terrorism and money laundering in Europe, the European Commission is apparently drafting the Financial Transaction Transparency Directive (FTTD), which imposes draconian laws on all European banks to release financial data to the Commission on demand. This follows the subpoena impact of the US Government on SWIFT…

It almost passed under the radar but, in light of the HBOS share drop of the other day, Alastair Darling – the UK Chancellor – announced on Thursday that anyone who snitches on their mates to the FSA about colleagues who try to manipulate share prices, will be immune from prosecution themselves.   This is seen…

The New York Times published the detailed proposals for Regulatory Reform for all American financial markets, from the Treasury on Saturday.  The aim is to: consolidate all the regulations and authorities for everything from banking to hedge funds and private equity into three powerful overseers: a new Prudential Financial Regulator, the Federal Reserve and the…

The New York Times published the detailed proposals for Regulatory Reform for all American financial markets, from the Treasury on Saturday.  The aim is to: consolidate all the regulations and authorities for everything from banking to hedge funds and private equity into three powerful overseers: a new Prudential Financial Regulator, the Federal Reserve and the…

Having had a nice Easter break, this was going to be a short entry about the regulators role in the credit crash … but it’s really, really long.  Sorry.  But it does start to get to the heart of the matter. So, what’s the real problem here? Is it the machines, the humans?  The banks,…

Having had a nice Easter break, this was going to be a short entry about the regulators role in the credit crash … but it’s really, really long.  Sorry.  But it does start to get to the heart of the matter. So, what’s the real problem here? Is it the machines, the humans?  The banks,…

Having had a nice Easter break, this was going to be a short entry about the regulators role in the credit crash … but it’s really, really long.  Sorry.  But it does start to get to the heart of the matter. So, what’s the real problem here? Is it the machines, the humans?  The banks,…

10. “Hey, what’s new?” 9. “It’s Barack Obama. Remember our conversation about being my running mate? Never mind.” 8. “Ralph Nader here. Glad to hear I’m not the only politician who has to pay for it.” 7. “Hi. I’m calling from the New York Post. Would you rather be known as ‘Disgraced Governor Perv’ or…

10. “Hey, what’s new?” 9. “It’s Barack Obama. Remember our conversation about being my running mate? Never mind.” 8. “Ralph Nader here. Glad to hear I’m not the only politician who has to pay for it.” 7. “Hi. I’m calling from the New York Post. Would you rather be known as ‘Disgraced Governor Perv’ or…

10. “Hey, what’s new?” 9. “It’s Barack Obama. Remember our conversation about being my running mate? Never mind.” 8. “Ralph Nader here. Glad to hear I’m not the only politician who has to pay for it.” 7. “Hi. I’m calling from the New York Post. Would you rather be known as ‘Disgraced Governor Perv’ or…