The European Commission has published a report on market developments potentially requiring the use of Article 469 of the Capital Requirements
While Treasury Secretary Geithner warned against undermining efforts to stall or water down financial regulation, Senate Republicans are refusing to confirm nominees to crucial financial regulatory posts.
HM Treasury issued a summary of responses (the "Summary") that it had received to the Government's consultation document "A new approach to financial regulation: judgement, focus and stability" (the "Consultation") on 24 November 2010.
In a welcome u-turn on 17 November, HM Treasury dropped its proposal to transfer the Financial Services Authority's ("FSA") powers of prosecution to the new Economic Crime Agency ("ECA").
On 26 July 2010, HM Treasury (“HMT”) published a consultation paper entitled “A New Approach to Financial Regulation: Judgement, Focus and Stability.”
Treasury has brought sukuk and similar instruments within the scope of UK financial regulation.
Traditionally in the United Kingdom, the reigning monarch delivers a speech at the annual State Opening of Parliament, setting out the policies and proposed legislative agenda of the Government in the new parliamentary session.
On November 10, Senator Dodd released a discussion draft of the Restoring American Financial Stability Act of 2009 (the "Senate Proposal").
On July 22 and 23, 2009, the Administration proposed specific legislative language to put flesh on the bones of its previously announced financial services reform proposal.
G20 leaders gathered in London on 2 April to discuss the effects of the credit crisis.