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Subjects / Resolution and Recovery

Email News Service March 09: UK’s Turner calls for radical reform of banking rules

Simon Turmaine | March 18, 2009

LONDON, March 18 (Global Risk Regulator) – Britain’s top financial regulator today called for a radical shake-up of the way the UK regulates banking, marking a break with the ‘light touch’ regulatory approach of recent years that so signally failed to warn of, or forestall, the global financial crisis.

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