FSA's Turner endorses a single EU regulator

Author: | Published: 1 Apr 2009
The FSA has gone into reverse on a single regulator

In a surprising U-turn, the UK Financial Services Authority (FSA) is now backing the idea of a single EU regulator.

And it looks like the UK watchdog is up for the challenge. Last month's Turner Review, from FSA chairman Lord Turner, implies that the FSA is well prepared to take an influential role in a centralised system.

"You can't...