UK regulator the Financial Services Authority (FSA) weighed into the hot political topic of the supervision and regulation of financial institutions deemed "too big to fail" last week.
The FSA issued a discussion paper detailing the proposals it said it is taking up internationally with other financial regulators and supervisors to prevent a re-run of the global financial crisis of 12 months ago.
The paper said there was a "strong case for applying some form of capital (and perhaps liquidity)...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.