Fsa Takes Aim at the Wrong Target Again

Summary


TIME to strengthen the team at the Financial Services Authority. After all, nobody could deny that strengthening is needed, even if some of us might favour the sort of strengthening roses get from secateurs. So a team of 12 is to more than double, to 30, which should help avoid some of the worst blunders from our financial regulator.

Jolly good; one Northern Rock is one banking collapse too many.

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Extract


Fsa Takes Aim at the Wrong Target Again

Unfortunately, the strengthening isn't in banking supervision, but wholesale m...

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