FSB: Towards closer relations

Veröffentlicht: 4 Mai 2010
Google translate: 



UNI, together with ITUC and TUAC stress the need for structured dialogue between unions and the Financial Stability Board (FSB)



The discussions with the FSB focused on a greater involvement of unions in the activities of the FSB. As a template, the union side suggested the biannual meetings of UNI Europa Finance with the European Commission on matters of financial regulation.



UNI, ITUC and TUAC welcomed the doubling of FSB staff, but still regard that this increase did not reflect the enhanced role of the FSB.



Key items for the unions were:

  • comprehensive regulation;
  • regulatory intervention on remuneration must respect the autonomy of the two sides of industry;
  • a financial transaction tax was essential in stopping speculation and stabilising the financial system;
  • the process on establishing colleges of supervisors was not transparent; trade unions should be involved in the colleges.