Last week two new financial regulatory bodies were launched, the Prudential Regulation Authority and the Financial Conduct Authority, to replace … Continue reading “Insanity and regulation”

Earlier this week, a group of leading academics called for a revolution in financial regulation. This call came after the … Continue reading “We need a revolution in financial regulation”

The spotlight in the Libor rate-fixing scandal has moved. Questions are being asked about the culpability of the FSA, which … Continue reading “Trust has lost all of its value in our state-regulated financial markets”

The IEA’s 2010 monograph Does Britain Need a Financial Regulator? argued, amongst other things, that the Financial Services Authority (FSA) … Continue reading “The FSA should let investors make their own mistakes”

In August 2010, the IEA published Does Britain Need a Financial Regulator? Written by Professor Philip Booth and myself, with … Continue reading “State regulation: a scourge on the financial landscape”

In their election document, the country’s Catholic bishops – who are not known for their support of free market economics … Continue reading “Lessons from history show self-regulation to be the best kind of control”

In 1997 Gordon Brown removed the so-called “self-regulatory” system for financial services under the Securities and Investment Board and created … Continue reading “Does Britain need a financial regulator?”

You might have thought that, with the Eurozone in turmoil, the EU would have no time to pursue its vendetta … Continue reading “Taxpayers will pay the price for EU hedge fund vendetta”

There has long been an important problem in the selling of and advising on retail financial products.  Large numbers of … Continue reading “FSA’s reforms misconceived”