UK financial watchdog admits reform needed

By REUTERS
December 8, 2011 01:40

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

LONDON - A senior regulatory official in London's financial district on Wednesday told anti-capitalist protesters camping outside St Paul's Cathedral that the financial system "needs to change".

Hector Sants, chief executive of the Financial Services Authority (FSA), which regulates banks, held private talks with about 10 representatives from the London Occupy group to discuss financial reform.

"The FSA is very firmly of the view, I am firmly of the view, that it is very important we listen to everybody who wants to contribute to the debate about changing the financial system," he said after the hour-long meeting.

"We undoubtedly believe the financial system needs to change further. It has already changed a lot, but it should change further."

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
September 23, 2018
UAE denies Iranian allegations of links to military parade attackers

By REUTERS