[Raven] UK regulator wants IETF to consider new type of URL
Declan McCullagh <declan@wired.com> Tue, 14 March 2000 13:58 UTC
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Date: Tue, 14 Mar 2000 08:54:30 -0500
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From: Declan McCullagh <declan@wired.com>
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Subject: [Raven] UK regulator wants IETF to consider new type of URL
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http://www.wired.com/news/politics/0,1283,34937,00.html UK Wants Tighter E-Trading Laws by Declan McCullagh (declan@wired.com) 3:00 a.m. 14.Mar.2000 PST FAIRFAX, Virginia -- It's not that Phillip Thorpe hates the Internet, not exactly. But he sure wishes the problems it causes him would vanish as quickly as Bill Bradley's presidential ambitions. Thorpe has one of the most difficult jobs anyone can hold nowadays: He's a regulator. And not just any regulator, but the head of the British agency responsible for overseeing the financial services and securities industries. In the U.K., London-based Financial Services Authority can shut down any unacceptable Web site that doesn't follow British law, but the agency's reach is limited. Thorpe is concerned that British subjects can connect to any Web site anywhere in the world to deposit money or spend their cash on risky -- though perhaps profitable, and probably unregulated - ventures. There's precious little Thorpe or his FSA cohorts can do about it. ... Thorpe said a third possibility would be to devise a new Web address for approved finance and investment sites that would look like finance://www.bankname.com/. He said it would be a "specific kind of URL for regulated financial entities, though we know there are people we have to ask about that." The people Thorpe is talking about are the Internet Engineering Task Force, an international group that sets technical standards but values its independence from the demands of any one national government. ... _______________________________________________ raven mailing list raven@ietf.org http://www.ietf.org/mailman/listinfo/raven
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