The fantasy of the smooth global regulator

Full global coordination on financial regulation is unrealistic, but the use of conflict lawyers to create more transparency in the financial world could provide a workable solution.

FT.com

When Jack Lew, US Treasury Secretary, participated in last week’s Group of 20 meetings, he issued a familiar plea: there needs to be more co-ordination over how countries impose financial market regulations and oversee the activities of banks.

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