FSA Gets New Boss: Bank of England
The Bank of England will now oversee financial regulation and monitor systemic risk.
Cherry Reynard
June 7, 2010
Adair Turner, chairman of the Financial Services Authority, pauses during the presentation of his report at Drapers Hall, in London, U.K., on Wednesday, March 18, 2009. Conservative leader David Cameron will abolish the Financial Services Authority and give its powers to the Bank of England if his party wins the next general election. Photographer: Simon Dawson/Bloomberg News
SIMON DAWSON/BLOOMBERG NEWS
