UK financial watchdog to get more powers
Posts Tagged ‘northern rock’
UK financial watchdog to get more powers
By admin | January 14th, 2008 | GeneralThe UK’s financial watchdog and regulator, the Financial Services Authority, is to be granted greater powers by the Chancellor of the Exchequer Alistair Darling in a bid to help avoid another Northern Rock style crisis in the future. According to recent reports Darling plans to give the FSA the power to seize customers’ cash in [...]
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