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Talking Point - Regulation through the credit crisis

The role of the regulator has been highlighted by the ongoing turmoil in the credit market. What response can we expect from regulators in the months to come?

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Avinash D Persaud, Chairman, Intelligence Capital Limited, emeritus professor of Gresham College and trustee of the Global Association of Risk Professionals, London

The credit crunch has unveiled two fundamental problems with current financial regulation. First, 'mark-to-market' requirements have forced sales of assets by some investors who thought they were good value. These sales push prices

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