Summary
SIR Mervyn King denied he is being given too much control under a shake-up of the financial regulatory system.
The Financial Services Authority (FSA) is to be scrapped as part of plans to make the Bank of England a 'super-regulator', giving it additional responsibilities for overseeing financial stability and the health of companies.See the full content of this document
Extract
Governor Denies Having Too Much Say in Shake-Up
In a grilling by the financial services bill joint committee yester...
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