An immediate review of all new business regulation planned by the previous government was also announced this week.

BBC: Vince Cable promises to take 'tough line' on banks

British members of a parliamentary committee dealing with the media are now broadening a planned inquiry into privacy law and press regulation.

ECONOMIST: Are English courts stifling free speech around the world?

The EU has again postponed a planned vote on a new EU-wide regime for the registration and regulation of hedge funds and their managers.

FORBES: EU Punts Again on Question of Hedge Fund Passport