Don't bank on a magic bullet

Cicutti, Nic
July 2009
Money Marketing;7/30/2009, p19
The author provides an overview on the regulatory reforms made by the Tory Party in Great Britain. He mentions that the Tories wanted the supervision of banks and insurers to be given to the Bank of England from the Financial Services Authority (FSA). He also states that the FSA should mitigate its rules on credit card charges, mortgages and consumer protection, as well changing its name to Consumer Protection Agency under the supervision of the Office of Fair Trading.


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