The FCA have opened a debate into how they and the financial services industry can be more transparent and they want you to take part in the discussion. . .

http://www.fsa.gov.uk/library/policy/dp/2013/13-01.shtml

Eurozone finance ministers, known collectively as the Eurogroup, are confident of agreeing a bailout for Cyprus by the end of March. . . .

http://www.bbc.co.uk/news/business-21655475#

Chancellor George Osborne stood isolated after European Union finance ministers vowed to press on with proposals to curb bankers’ bonuses. . .

http://www.bbc.co.uk/news/business-21661089#

The EBA issues today a discussion paper presenting the methodology and scope of its forthcoming analysis on definitions of highly liquid assets. The proposed methodology is based on a scorecard, which aims at producing an ordinal ranking of assets by combining a set of different liquidity indicators. Following the outcome of the analysis, the EBA will report to the European Commission on appropriate definitions of high and extremely high liquidity and credit quality of transferable assets for the purpose of the LCR. . .

http://eba.europa.eu/News–Communications/Year/2013/EBA-consults-on-the-process-to-define-highly-liqui.aspx

Bank of New York Mellon has agreed to pay $114m to settle claims over its role as trustee for debt issued by Medical Capital Holdings Inc, a medical receivables financing company that collapsed in 2009 amid fraud allegations. . .

http://hereisthecity.com/2013/02/25/bank-of-ny-mellon-cargill-goldman-reyl-co-toronto-dominion/