IIF launches strategic regulatory dialogue


The groundbreaking move – designed to force regulators and the industry to discuss how regulation is best accomplished from both the supervisory and financial services firm perspectives – comes on the heels of calls for reform of the Sarbanes-Oxley Act (SOX), continued political pressure on Basel II in the US, concerns about the way anti-money laundering regulation has been imposed, and a general rising tide of regulation globally."We consider a strategic dialogue to be a major priority," sa