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It's a concrete reminder that those heading individual nations' reform of financial regulation need to keep thinking globally.
The inquest, which is expected to last five days, is likely to examine product-labelling laws and raise questions about whether gaps in regulation need to be tightened.
For each purpose, only the relevant test results, as required in the respective regulation, need to be used.
Feroli said the Fed's influential centrists have held this view but believe supervision and regulation need to be improved.
A sincere approach to the market would not avoid the obvious fact that things have changed over the last 20 years, and both legislation and regulation need to catch up.
The effects of this regulation need to be carefully examined.
Similar(45)
Regulation needs to be dynamic and regulators vigilant.
Regulation needs to be tighter," he said.
The art of regulation needs to be rediscovered.
Regulation needs to evolve and adapt to new technologies.
"To be effective, regulation needs to be focused".
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