This has got me thinking now....lol...
Found this other interesting article, have a watch of the clip and listen especially to the last thirty seconds. It appears, perhaps, this whole regulatory penalisation thing going on is to attract foreign investment. The government knows full well our economy cannot grow without a stable, healthy banking sector. If it shows London is cleaning up its act and the regulators have power to penalise banks, that would encourage middle east investors to buy into our banks.
http://www.alarabiya.net/articles/2012/02/14/194506.html
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