Treasury backs International Centre for Financial Regulation

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The Treasury has put its weight behind a new International Centre for Financial Regulation (ICFR) due to launch at the end of this year.

In 2007, the Treasury and the Department of Innovation, Universities and Skills committed £2.5m over three years to support the establishment of an independent global centre of excellence in financial regulation. Further financial commitments have been made by 19 private sector firms and the City of London Corporation. The goal of the ICFR is to shape the strategic direction of regulatory research and training for financial services professionals in the UK and overseas. Based in London, ICFR will act as an international forum for discussion and innovation, hosting conferences, seminar...

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