Hector Sants, the chief executive of the Financial Services Authority, delivered a speech yesterday in which outlined progress to date with regard to financial regulation reform and the creation of the Prudential Regulation Authority and the Consumer Protection and Markets Authority: see here. The speech provides important insights into regulatory philosophy and the manner in which the PRA and CPMA will operate. Tuesday, 14 December 2010
UK: financial regulation reform - a progress report
Hector Sants, the chief executive of the Financial Services Authority, delivered a speech yesterday in which outlined progress to date with regard to financial regulation reform and the creation of the Prudential Regulation Authority and the Consumer Protection and Markets Authority: see here. The speech provides important insights into regulatory philosophy and the manner in which the PRA and CPMA will operate. 
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