Labour slams financial sector's resistance to regulation

Dale, Samuel
October 2012
Mortgage Strategy (Online Edition);10/ 1/2012, p5
Trade Publication
The article reports that Member of the European Parliament (MEP) and economic and monetary affairs committee vice-chair Arlene McCarthy has accused the financial sector of not learning the lessons of the crisis and resisting regulation. She was speaking at a Smith Institute fringe event at the Labour autumn conference in Manchester, England when she warned that the industry could face more regulation amid repeated scandals. She also called on the industry to support a financial transaction tax.


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