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Attempts to regulate the sector further would be counterproductive, she argues.
This case highlights the urgent need to reform and regulate the sector".
Rachmanism is back – if it ever went away – and the government's refusal to regulate the sector is a recipe for disaster.
Constantine Karayannopoulos, chief executive of Neo Material Technologies, one of the few Western companies to have rare-earth processing plants in China, said that China would continue to regulate the sector.
Fearful that the fund would destabilise financial markets if it went bankrupt, the Federal Reserve prodded bankers into a $3.65 billion bail-out.Six years on, hedge-fund sceptics cite the demise of LTCM as prime evidence of the need to regulate the sector.
Some of these ideas and more detailed suggestions on how to regulate the sector are to be found in this long piece by Abhijit Banerjee, Esther Duflo, Erica Field, Raghu Rajan, Dean Karlan, Pranab Bardhan, Rohini Pande, Asim Khwaja, and Dilip Mookherjee, all leading development economists with a strong interest in microfinance.
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This recommendation, first made by Robert Francis QC in his lengthy report into NHS regulation, is the first step towards regulating the sector.
All non-profit organisations would benefit from having a dedicated authority responsible for regulating the sector.
When I asked Juliet Tizzard at the HFEA, which regulates the sector, why they weren't doing more to police such potentially dangerous activity, she shrugged.
– Matthew Flinders For the Charity Commission this would be disastrous: "It is essential that there is external oversight, independent from government, capable of effectively regulating the sector.
Some "have seen their performance slipping in the last period", according to a report issued on Thursday by the NHS Trust Development Authority TDAA), which regulates the sector.
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