FSA promises intrusive regulation
FSA chief Hector Sants tells a Thomson Reuters event bankers should be "very frightened" of the regulator but warns against forming a "monolithic" EU supervisor. Full Article
New rules on pay
New guidelines on pay for financial companies include a proposal to raise the fixed salary, defer part of the bonus, base decisions about rewards on profits, and on compliance with risk policies. Full Article
Short disclosure for all UK stocks sought
The FSA has proposed that rules obliging investors to make public their short positions in financial stocks be extended to all UK shares. Full Article
Fresh look needed
A fresh look at the financial market architecture in light of the current crisis is warranted, FSA Chief Executive Hectors Sants says. Full Article
FSA raises levy
The FSA is increasing the money it raises from companies by more than a third to pay for a tightening of its regulatory regime. Full Article
Another set of dodgy loans
Banks in the U.S. face a new source of write-downs and failures in the coming year as loans made to developers to finance residential and commercial property development rapidly go bad. Commentary
