Wall Street is "allergic" to proposed reforms to the vast over-the-counter (OTC) derivatives markets but regulators will continue to insist that use of such complex financial instruments be made more transparent to avoid another financial crisis, Gary Gensler, chairman of the US futures regulator
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FT on 11th Mar 2010 (via traxfer.ft.com)
A year-long financial reform effort in the US approached the finishing line with Wall Street banks braced for an expensive restructuring intended to prevent any repeat of the 2008 financial crisis
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FT on 24th Jun 2010 (via traxfer.ft.com)
The leaders of the world's 20 major industrial and financial nation have vowed to reform the global financial systems - as a first step towards halting the worsening financial crises.
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SkyNews on 16th Nov 2008 (via news.sky.com)
The passage of US healthcare reform has given the Obama administration a pick-me-up, and financial reform could benefit – for the sake of the system, sooner is better
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FT on 25th Mar 2010 (via traxfer.ft.com)
Alan Cochrane has written of the impact of the financial crisis on the fortunes of the SNP and the future of the Union. Alex Salmond: a victim of the financial crisis The Nationalists look worried, I am told, about the upcoming Glenrothes by-election - and no wonder. It's there for Labour to win now.
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IainMartin on 9th Oct 2008 (via blogs.telegraph.co.uk)
US President Barack Obama urged lawmakers to resist pressure to weaken a financial reform bill and called again for an independent consumer watchdog to help prevent future financial crises
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FT on 20th Mar 2010 (via traxfer.ft.com)
contribution by Riz Din How should the left respond to the financial crisis? Here are some issues to think about.
submitted by
LiberalConspiracy on 12th Nov 2009 (via liberalconspiracy.org)
"The financial crisis is transforming some longstanding British assumptions" about the EU, according to Philip Whyte, a senior research fellow at the Centre for European Reform.
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EurActiv on 9th Mar 2009 (via euractiv.com)
Gordon Brown has called for international cooperation including reform of institutions such as the World Bank to cope with the financial crisis.
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Telegraph on 30th Jan 2009 (via telegraph.co.uk)
In a useful and timely contribution to the financial crisis debate, PIRC – the Pensions Investment Research Consultants – has published a manifesto outlining its recommendations for reform of corporate governance and capital markets. PIRC recognises that alongside a catastrophic failure of...
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Tigmoo on 28th Apr 2009 (via touchstoneblog.org.uk)
contribution by Duncan Weldon The current economic downturn is a crisis of finance. So far the left, whilst rightly calling for further regulation is not really advancing a specific argument beyond vague talk of bonus caps and clawing back previous pay. Neither of these are a bad idea, but any attempt to reform the financial system needs to be based on firmer grounds.
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LiberalConspiracy on 20th Aug 2009 (via liberalconspiracy.org)