Canada and India develop regulation proposals for G20


Deep in the Harper transcript this little gem indicating Canada and India have been working on the framework of a proposal for the G20 to consider on financial regulation. Transcript: Stephen Harper interview As you know, Canada has co-chaired with India the working group on future financial regulatory reform. We have a very good report which I think will gain consensus. Essentially, we did come down on that one in kind of a middle-ground position we hope will get the support of both the United States and Europeans and others. And that is, that we actually think it is important … Continue reading Canada and India develop regulation proposals for G20

G20 draft communiqué & FT interview with Obama indicate more regulation coming to Banks


Lionel Barber at the FT interviews US President Obama in advance of the G20 meeting Thursday.  Despite the broad sweeping answers it seems unlikely that we will see much tangible outcome from the session, but the G20 draft communiqué (below) is clear about stronger regulation. Obama interview: Full text | Financial Times FT: Let’s talk about the G-20. What will be your benchmarks for success? Obama: The most important task for all of us is to deliver a strong message of unity in the face of crisis. There’s some constituent parts to that. Number one, all the participating countries recognise … Continue reading G20 draft communiqué & FT interview with Obama indicate more regulation coming to Banks

Two years on | Which banks understand the web lifestyle?


When I started this particular blog, my impetus was the lack of creativity amongst Banks in getting beyond automation of traditional transactions, and sticking them online [online banking]. Introduction « The Bankwatch Introduction Saturday, 28 January 2006 Welcome to Bankwatch. The purpose of this blog is to monitor banks around the world for their online capabilities, and the strategies they are adopting with online. Consumers are web savvy now, and most banks aren’t, so I will point those out, and I will also recognise best practices too. It might be useful to just take a look and see what progress … Continue reading Two years on | Which banks understand the web lifestyle?