Following the banking crisis, the Chancellor of the Exchequer asked Lord Turner, in his capacity as our Chairman, to review and make recommendations for reforming UK and international approaches to the way banks are regulated.
Here, we publish Lord Turner’s Review and the supporting FSA Discussion Paper. These take an in-depth look at the causes of the financial crisis and recommend steps that the international community needs to take to enhance regulatory standards, supervisory approaches and international cooperation and coordination.
Newsletter [ PDF ]
Press release:
The FSA publishes “The Turner Review”: a wide-ranging review of global banking regulation
Main document
The Turner Review : [ PDF ]
A regulatory response to the global banking crisis
Other relevant information
DP09/2:
A regulatory response to the global banking crisis
This review has made a wide set of recommendations, some of which can be considered formal FSA proposals for action, but some of which need to be deliberated further at global or UK level. The FSA Discussion Paper, which accompanies this Review, covers the formal proposals, and invites feedback from interested parties in line with standard FSA procedures. In addition, we would welcome responses to the wider issues raised by the Review. If you would like to respond, please follow the procedure set out in the Discussion Paper.
Turner Review Press Conference: Speaking notes and slides - 18 March 2009
Turner Review Conference: view the conference, speaker notes and slides - 27 March 2009
