Exact(58)
Dodd-Frank requires every financial regulator to scrub credit ratings from their regulations.
TNOOZ Is France's Regulator to Blame for Banks' Troubles?
And it wants that regulator to take a new approach.
The right of the regulator to direct, as opposed to require, apologies is also removed.
Most recently, Facebook was ordered by a German regulator to relax its real-name policy.
He added that it would be up to an external regulator to define such content, however.
It even removes the requirement for the regulator to show "effectiveness, fairness and objectivity of standards".
We've come a long way from the Regulator to the Terminator.
Westpac sought approval from New Zealand's competition regulator to buy the Lloyds unit, the National Bank.
"For the regulator to be effective, it has to be able to use judgment.
"It is the job of the regulator to ensure the sustainability of that".
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