'Revolving door' has one-way flow from regulation to industry
According to new data, financial regulators appear to serve as ‘schools’ for professionals to move on to industry, raising more questions about the integrity of regulation because of the ‘revolving door’
New data suggests senior financial regulators enter public positions as stepping stones on their way to private sector careers.
Research carried out by Risk.net (following previous studies of the ‘revolving door' within financial regulators, and in comparison with non-financial counterparts) analysed the worker flow of top managers at key national regulators in the US, UK and France. The results
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