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IIF launches strategic regulatory dialogue

NEW YORK – The Institute of International Finance (IIF) launched a "strategic dialogue on effective regulation" at a press conference in New York in December, addressing regulation in the financial services industry.

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

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