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"Yeah... but I was calling on the rest of the world all the time to create a global supervisory regime".
According to some experts who study systemic risks posed by huge and complex companies, installing a "more robust supervisory regime" isn't enough.
Crucial was Richardson's judgment that a main attraction of the City internationally was its participative and interactive – rather than prescriptive – supervisory regime.
The other potential difficulty for students in connecting their loans to federal support for banks is that to get access to the discount window, banks are subject to a wide-ranging regulatory and supervisory regime.
But on February 3rd the Italian cabinet approved a proposed law to reform its supervisory regime that takes away far fewer of the bank's powers than earlier drafts had suggested.
Second, the results of a survey among financial CEOs in Italy confirm a market preference for a more consolidated supervisory regime but reveal only weak consistency between the views of the policymakers and those of the market operators.
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This is true even when financial regulatory and supervisory regimes are effective in many respects.
The empirical tests allow us to disentangle the relative effects of the supervisory regimes on macroeconomic resilience.
Signatories would then have to overhaul their supervisory regimes to meet the new standards.Many of the committee's proposals are good ones.
"Our concern was really the establishment of 50 state supervisory regimes, where states could come in and look at the books whenever they wanted to," he said.
Oversight is a many-splendored thing, with a long menu of options from which to formulate an appropriate mixture of MFI regulatory and supervisory regimes – one size certainly does not fit all.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com