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New UK Finance Regulator Won't Bring Back 'Light Touch' Era

By Evan Weinberger (October 22, 2012, 1:52 PM EDT) -- U.K. banks and insurers will soon face an intensive and focused supervisory regime that will avoid both the so-called light touch and broadly intrusive approach employed by its predecessor, the incoming head of the country's new prudential regulatory agency said Monday....

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