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16 November 2010

FSA and SEC hold strategic dialogue meeting


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Während des Treffens der beiden Institutionen wurden die unterschiedlichen Ansichten zur Kontrolle des OTC Derivatenhandels, des Hochfrequenz-Handels, der jüngsten Gesetzesinitiativen bezüglich der Ratingagenturen, sowie Maßnahmen zur Durchsetzung eines grenzübergreifenden Informationsaustausches zwischen der FSA und SEC diskutiert.


Lord Turner and Chairman Schapiro also restated their agencies’ commitment to working together to improve regulation and oversight of their securities markets, particularly with regard to globally active regulated firms with a presence in both countries.

Lord Turner said: "As regulators, we all now face issues that cross borders and require international co-ordinaton. It is important that we are able to find common ground in approaching these issues and this continuing dialogue with the SEC forms a key part of this process."

SEC chairman Schapiro said: "Both the SEC and FSA are in the process of drafting vital new rules for our own markets. Meetings like this with our UK counterparts at the highest levels give the Commission a better understanding of how similar market concerns are viewed in London. Given the international nature of the recent financial crisis, this exchange of views can only improve the regulatory solutions we develop to these challenging problems."




© FSA - Financial Services Authority

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