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Old 06-11-2011, 13:09   #2
Hugh
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re: None of the world's banks pass safety tests, according to Sky

Erm, they don't have to pass it until September, and as the penultimate paragraph states
Quote:
However, although the reforms are likely to be far-reaching, the FSA believes that UK banks are on the way to carrying them out, and has set an earlier deadline – June next year – to be able to pass the relevant tests.
This is the "more stringent regulation" on the Banking Sector.

IMHO, you appear to not fully read articles, or cherry-pick parts of them that support your agenda, and totally ignore the parts that don't.
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