Canada's Minister of Finance has announced that the scheduled 5-year review of federal financial institutions legislation has commenced and has called for comments from interested parties to be submitted by Friday, November 19, 2010.
On 26 July 2010, HM Treasury (“HMT”) published a consultation paper entitled “A New Approach to Financial Regulation: Judgement, Focus and Stability.”
A look at the statement of aims for reform released by the leaders of the G20 nations after their Pittsburgh summit is like the curate’s egg - good in parts.
G20 leaders gathered in London on 2 April to discuss the effects of the credit crisis.
The Chairman of the FSA, Lord Adair Turner, gave a speech on 21 January 2009 setting out his views of the causes of the current financial crisis and outlining the future of financial regulation.