FROM OTHER NEWS SITES
DAILY TELEGRAPH Tortoise In Love: British comedy made by Oxfordshire villagers gets nationwide release - Thu, 24 May 2012 14:49:38 GMT
Tortoise In Love: British comedy made by Oxfordshire villagers gets nationwide release - Thu, 24 May 2012 14:49:51 GMT
FINANCIAL TIMES UK first-quarter growth revised down - Thu, 24 May 2012 09:15:40 GMT
UK first-quarter growth revised down - Thu, 24 May 2012 11:45:12 GMT
BBC NEWS BBC News - Business - Thu, 24 May 2012 10:04:29 GMT
BBC News - Business - Thu, 24 May 2012 10:29:35 GMT
Poll
Current Issues
New Issue
Special supplement
Special supplement
Jobs
Jobs of the Week
Home Based Mortgage & Protection Advisor – Whole of Market - Norfolk
Norfolk
Home Based Mortgage & Protection Advisor – Whole of Market - Suffolk
Suffolk
Upcoming Events
NACFB: Maximise Your Membership Roadshow, Bristol
New EU financial supervisors created
An agreement has been reached in the EU on new measures to protect consumers.
Last night the European Parliament and the Council of Ministers agreed in principle to create three new European Supervisory Authorities and a European Systemic Risk Board.
Conservative economic and monetary affairs spokesman Vicky Ford MEP, who took part in the negotiations, said: "The new structures will allow better coordination of financial services supervisors across Europe, thus protecting consumers from cross-border crises that we witnessed.
"At the same time national governments and national regulators keep their frontline responsibility to protect national tax payers' interests.
"This agreement has been reached in principle but this is very complex multi-layered legislation and it needs to be checked by legal experts over the coming days.
"It is a pragmatic compromise. Now let's put it into action."
Ron Bambrough wrote:
Yet another layer of regulation that wont protect anybody, but we can all be assured that it will be expensive!!!
03 September 2010 13:21:18 GMT
Recommend? (0)Have Your Say