LIFFE welcomes publication of the "Financial Services & Markets" bill

Brian Williamson, Chairman of the London International Financial Futures and Options Exchange (LIFFE), welcomed the publication today of the revised Financial Services and Markets Bill: "The Bill, in bringing together financial regulators under one roof, provides for a simplified and integrated process. This will be much to London's advantage. The major global financial houses, who are significant users of LIFFE, are already integrated and they will benefit from a regulatory structure that matches the way they organise their businesses. A single regulator contrasts with other major financial centres where regulation is still fragmented, such as within the United States of America."