Politicians and regulators need to focus on supporting financial services

Rearranging the deck chairs

multi-coloured-deckchairs-in-a-row

The reaction of politicians and regulators to the financial crisis has, in the main, been akin to rearranging the deckchairs on the Titanic after it has sunk.

This could be applied to the EU’s ill-fated alternative investment fund managers (AIFM) directive as well as to the latest nonsense from German and French politicians aimed at banning the ‘evil’ concept of shorting, be it sovereign credit default swaps or just ordinary stocks.

The unfortunate decision of the British Conservative/Liberal

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here