UK Treasury publishes financial stability reforms

The UK Treasury on Tuesday further outlined plans to strengthen financial stability and protect depositors.

"No system of regulation can or should prevent the failure of each and every institution, but we must do everything possible to prevent problems which could pose a wider threat to stability," Alistair Darling, the chancellor of the exchequer, said on Tuesday. "The challenge is to ensure that the authorities can act quickly and decisively where necessary to support financial institutions