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The International Financial System: Back on Track? There is a critical need to harmonize regulatory systems so that everyone is competing on a level playing field. ... is that each country adds its own regulatory framework to the mix. The result is an overly complex financial ... regulation; as a result, the regulatory framework creates a shadow market ...
Big Banks: Cure or Curse for the Global Economy? to ensure a level playing field and to prevent regulatory arbitrage. Eurozone leaders were called upon ... Regulators were urged to ensure consistency and coherence of regulatory frameworks to ensure a level playing ...
Keeping the Global Economy Growing The second danger is regulatory overreach. Five years ago, Kielholz said, everyone was optimistic about ... will certainly have a negative impact. In certain areas the level of regulatory initiative is mind boggling." ...
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