Monday, June 11, 2007

REFILE-UK's FSA to scrutinise banks' exposure to LBOs

(Reuters) - LONDON, June 11 - The UK's Financial Services
Authority plans to beef up oversight of private equity by asking
banks twice a year about their exposure to leveraged buyouts and
enhancing regulatory requirements for firms to report
information about committed capital.




The FSA, which issued a discussion paper last November, said
on Monday the feedback it has received indicates supervision of
private equity is "broadly appropriate".


Read more at Reuters.com Government Filings News

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