Old lady mugged
Article Abstract:
The Bank of England has lost its power to supervise banks. The government did not inform the bank of this change until it had already been decided. The Securities and Investments Board (SIB) will increase its role and will take on some staff from the Bank of England. There is concern that such a large regulatory body may be too bureaucratic, though the existing regulatory system has also been criticised and financial markets have generally seen the change as positive.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Bring on the super police
Article Abstract:
The way UK financial services are regulated is to change, with the Securities and Investments Board (SIB) taking on more power. Investors should benefit from a move away from self-regulation by the industry. The new regulatory system should cost less to run and be simpler. There is still a need for new personnel and there are dangers that a lrge regulatory body could be too bureaucratic and take too long to act on issues that concern investors.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Europe's 50 financial regulators stifle investors
Article Abstract:
European regulations can hamper cross-border investment, as is examined in detail.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
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