Europe’s politicians have struck a deal over Solvency II insurance regulation that excludes group support – for the time being. But not everybody is pleased about it, Writes David Keefe

Another Congressional attempt is afoot to give US insurers the choice of federal regulation; states remain

STRASBOURG, France, April 22 – The European Parliament voted 593-80 today to approve the law giving effect to the radical Solvency II reform of the way Europe regulates its 5,000 insurers and reinsurers. EU officials still hope the new risk-based regime will come into force in the European Union in 2012.

G20 leaders gave unexpectedly strong backing to broader regulation, and a new macro-prudential body. But key issues were left off agenda By Melvyn Westlake

US relaxes fair value rules and pleases banks but incenses investors. Is honest accounting another casualty of the global crisis? By David Keefe

The newly established Financial Stability Board (FSB), which is set to be one of the keystones in the new international financial architecture, will not be a global regulator. Its role will be to develop and foster adherence to international financial regulatory and supervisory standards and practices that national authorities implement, says the Board’s secretary general Svein Andresen in answer to e-mail questions from GRR.

Withering critique from FSA chief ends ‘light touch’ regulation. Intellectual impact of the Turner Review seen as far-reaching

Systemic risk regulator proposals finally unveiled. Lawmakers promise to push through reform legislation this year

The G20 summit agreed new rules on bankers\' pay, but application must be co-ordinated to avoid distorting competition

Accounting rule-making is not there to satisfy prudential supervisors, of either the micro prudential or macro prudential variety, a top British accountant reminded world leaders as they gathered in London for Group of Twenty (G20) summit on the global financial crisis.