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Weekly financial services update: Lord Turner, FSA, FINRA and Barnier

Overview

The latest weekly financial services briefing from Macfarlanes.

This edition concerns Lord Turner’s keynote speech at Mansion House last week on the necessity of major regulatory changes both at home and in the global regulatory system in order to deliver a more stable financial system.

It also discusses the new memorandum of understanding between Britain’s FSA and America’s FINRA financial regulators, and the European commissioner for the internal market Michel Barnier’s plans for a review of the European Union Market in Financial Instruments Directive.