Financial Times June 11, 2012 JosÉ Manuel Barroso has called for the establishment of a single cross-border supervisor for major banks in the European Union. Barroso's plan to integrate the banking system also includes the creation of a single guarantee scheme for deposits across the European Union, as well as a rescue fund financed by levies on financial institutions.

HM Treasury June 11, 2012 Her Majesty's Treasury has announced the appointment of John-Griffith Jones as head of the Financial Conduct Authority. The Financial Conduct Authority will form part of the new UK financial regulatory structure, which will see the phasing out of the Financial Services Authority.

A recent survey conducted by Citi found that assets in the hedge fund industry could rise to as much as $5 trillion in the next five years. The survey polled institutional investors, money fund managers, and consultants. View post in full here(links externally to MFA website).

The SEC yesterday released a public statement by Commissioner Luis A. Aguilar regarding the Investor Advisory Committee.

International Organization of Securities Commissions June 7, 2012 IOSCO is seeking public comment on policy issues arising from its work on measures to further harmonise regulatory developments in securitisation across over 20 jurisdictions. Comments to the consultation should be submitted no later than August 6, 2012.