Economic Regulation Issues September 2010

Regulation is good for you
The Associated Press, September 29, 2010

Obama administration consumer finance adviser Elizabeth Warren is asking bankers to work with her to make mortgages and credit cards fairer for consumers. She says good regulation will give consumers information to make better choices, and help industry compete on a level playing field. <<More>>

Potash Corp bid tied up in regulation
The Australian September 22, 2010

BHP has been forced to extend its offer by another month because Canada's Competition Bureau -- seen to be the least difficult of that country's regulators to clear -- has requested more information. Saskatchewan's Premier, Brad Wall, said that he is not convinced the bid would have a positive effect on his province or his country.  <<More>>

Over-regulation harm financial sector
Press TV, September 21, 2010

"Over-regulation will stifle innovation and growth…We need to get the balance right. We're determined to avoid a situation where an ever-growing burden of red tape undermines the attractiveness of the U.K. economy", said Mark Hoban, financial Secretary to Treasury.  <<More>>

Lack of landlord regulation leaves tenants exposed
Mortgage Strategy, 21 September 2010

The lack of regulation of landlords is leaving tenants exposed across the UK, says the Association of Residential Lettings Agents.The government recently abandoned plans for regulation of the private rented sector by citing selective licensing powers as security enough to protect tenants. <<More>>

Rethinking regulation of the financial sector: What does this mean for India?
DNA, September 15, 2010

The 2008 global economic crisis is increasingly turning into a social and a political crisis as well. The activities of financial sector institutions and their regulators have been at the centre of the global crisis. <<More>>

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