The Turner review - Recommendations to reform the banking industry |
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Overview
PricewaterhouseCoopers LLP welcomes many parts of the Turner Review. It is
encouraging that Lord Turner appears determined to restore confidence in London
as the leading global centre for financial services – a reputation built on
financial stability and a sound regulatory regime. In many respects Lord Turner
reaches similar conclusions to the recent report delivered by Jacques de
Larosière on reforming financial supervision across the EU level and on the
wider international stage. It is important that the UK is taking a lead ahead
of the G20 Summit.
More effective governance, oversight and
control
Capital Adequacy regime
The need for a new international focus
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