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That will consolidate enormous power in Frankfurt, catapulting it past the Bank of England as the heftiest financial super-visor in the European Union.It's just a matter of abbreviationsIn preparation for its new role, the ECB is first assessing the state of the banks it is about to regulate.
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Other EU member states are about to regulate, so a uniform policy throughout the EU would be desirable.
With the passage of landmark tobacco legislation last year, he added, the Food and Drug Administration's new tobacco division will be able to regulate the contents and marketing claims of e-cigarettes in the same way it is about to begin regulating traditional tobacco products.
New Zealand is about to pass legislation to regulate "legal highs".
The problem is particularly acute when it is Education Guardian readers themselves who are about to be regulated.
As the battle over financial regulatory reform began in earnest with Chris Dodd's introduction of a Senate bill last week, Lewis told an interviewer, "There is a war that is about to happen over not just who regulates Wall Street but what the rules are".
European legislation is about to tighten the way chemicals are regulated and make chemical companies responsible for proving the environmental safety of the chemicals they produce.
Not only is this extremely disappointing, but it also raises increasingly difficult to answer questions about why the PCC is allowed to regulate itself on such matters.
Credit default swaps, the "exotic" financial instruments at the heart of the collapse of AIG, are about to be tamed, regulated, rehabilitated and turned into the kinds of debt-based securities that respectable institutional investors will buy, hold and trade.
What the Government is offering in this case – "one last chance" for charities to self-regulate – is about right: Oxfam and Save the Children have already suspended cold-calling, and Cancer UK cancelled a contract with GoGen.
Maybe it's BC bud, or Seth Rogen, or the fact that, you know, we're about to fully legalize and regulate weed within the next year.
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