There are ways to enhance consumer protections withoutlimitingthe ability of banking regulators to use their considerable resources and powers over banks to directly enforce consumer compliance in banks.
Although the practice was not prohibited, it created a massive market for gambling on companies' credit worthiness withoutlimiting those bets to the value of the underlying obligations.
It added that without continued focus on limitingthe impact of the recession, there was still a risk that the economy could "drop off suddenly" and the UK could be heading towards a "W-shaped" recession.