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UK’s FSA reforms ORIAG as ORSG

The UK’s Financial Services Authority (FSA) has reformed its Operational Risk Implementation Advisory Group (ORIAG) as the Operational Risk Standing Group (ORSG), after deciding to disband ORIAG in the fourth quarter of 2003. The group is being chaired…

Laying down the law

The debate surrounding the publication of market reform proposals by a group of leading bondholders – the so-called Group of 26 – is hotting up. Issuers have reacted negatively to what has in effect amounted to a series of ultimatums. Laurence Neville…

Lost in translation

Many credit market participants agree that a single European financial services market would be good for all concerned. But there is widespread doubt over whether the EU is the right architect for the project. Oliver Holtaway reports

Joint Forum hires new chairman

Gay Huey Evans, director of markets at the UK’s Financial Services Authority, has been chosen to take over the role of chairman of the Joint Forum, a group of experts set up to deal with issues common to the banking, securities and insurance sectors…

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