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Bank of England

August 16th, 2010 The UK's New Regulatory Structure: A New Beginning, or Rearranging the Pieces?

The new UK coalition government announced that it will introduce legislation to disband the UK financial regulator, the Financial Services Authority (FSA), which was established by the previous government in 1997. Legislation will devolve the FSA's regulatory and supervisory powers to a variety of other financial regulatory supervisory bodies by 2012. Bob McDowall of TowerGroup reviews the impact of the prospective changes on financial services institutions.

July 26th, 2010 IMA Comments on the New UK Regulatory Structure Announced Today

- The new structure recognises the role of investment managers as ‘agents'
- Good working relationships between regulators will be critical
- Concerns about different retail investment products being regulated differently
- Balance is needed in the regulation of wholesale markets and market infrastructure

June 17th, 2010 Speech at The Lord Mayor’s Dinner for Bankers & Merchants of the City of London by The Chancellor of the Exchequer, The Rt Hon George Osborne MP, at Mansion House

My Lord Mayor, ladies and gentlemen.

It is humbling to speak here tonight conscious of the long line of distinguished Chancellors who have preceded me.

I have been looking back at some of their speeches for inspiration, and was particularly struck by what Austen Chamberlain said here at the Mansion House:

“Lord Mayor, the lot of the Chancellor of the Exchequer is not altogether a happy one.

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