International banks won a concession Sunday from the Basel Committee on Banking Supervision, which relaxed rules for lenders.
Read the original here: Banks get reprieve on new rules
Category : World News
EU leaders have agreed on a roadmap for eurozone integration beyond the deal on centralised banking supervision, Germany’s Chancellor Merkel says.
Continue reading here: Deeper eurozone union ‘agreed’
Category : Business
EU leaders go into a Brussels summit buoyed by a key deal on centralised supervision of eurozone banks, seen as a major integration step.
Continue reading here: Eurozone bank deal boosts summit
Category : World News
AMSTERDAM, THE NETHERLANDS–(Marketwire – Sep 24, 2012) – This announcement is made by LBi International N.V. (“LBi”) in accordance with Section 5:25i of the Dutch Financial Supervision Act (Wet op het financieel toezicht).
Go here to read the rest: Press release LBi
Category : Business, World News
France says it is in agreement with the UK on the EU plan to centralise supervision of eurozone banks.
See the original post: France and UK ‘close’ on banks
Category : World News
Japan’s financial regulator clears cameramaker Olympus’s former auditors of negligence, but tells them to improve their supervision.
See the original post here: Japan FSA raps Olympus auditors
Category : World News
The U.K. government yesterday ordered an independent review into the workings of the Libor interbank lending rates. The review could start this week and any changes could be implemented next year. One option is for the BOE or the finance regulator to take over supervision of the rates from the British Bankers’ Association. (See King and Diamond) 
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See the original post here: The U.K. government yesterday ordered an independent review into the workings of the Libor interbank lending rates. The review could start this week and any changes could be implemented next year. One option is for the BOE or the finance regulator to…
NEW YORK (TheStreet) — Calls to break up the big banks are on the rise, but Federal Reserve Chairman Ben Bernanke suggests just leaving it to market forces.
In Congressional testimony Thursday, Bernanke said that post-crisis regulations requiring large banks to hold higher capital and subject them to a greater supervision will “take away the advantage of size.”
“Market forces themselves will make it attractive to downsize, rationalize and so on,” said Bernanke. …
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Read the original post: Market Will Break Up Big Banks, Not Fed: Bernanke
Category : Business
Facebook may soon allow children younger than 13 years old to access the site under parental supervision, reports say.
Read more here: Facebook ‘may allow’ under-13s
 Chicago Tribune |
Justices' Ruling Expands Rights of Accused in Plea Bargains
New York Times WASHINGTON — Criminal defendants have a constitutional right to effective lawyers during plea negotiations, the Supreme Court ruled on Wednesday in a pair of 5-to-4 decisions that vastly expanded judges' supervision of the criminal justice system. Supreme Court expands plea bargain rights of criminal defendants Supreme Court rules defendants have right to an attorney on plea deals Court: Lawyers must do good job on plea bargains |