Regulation ‘harming financial services’

IRELAND is becoming increasingly unattractive for investment because of tighter regulation, the financial services industry warned yesterday.

Regulation ‘harming financial services’
Tue, 22 Feb, 2005 - 00:00
Ian Guider

Financial services industry chiefs warned the Government that less, not more, regulation is needed.

William Slattery, chairman of Financial Services Ireland, which represents the banking industry, warned against a knee-jerk reaction to last week’s money laundering events.

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