
New financial regulation research centre launches
UK prime minister Gordon Brown said: "As the international community moves from crisis management to longer-term reform, the ICFR will help governments, regulators and firms across the world to learn from recent experiences and build a stronger global regulatory framework."
It will examine how regulation could better address and anticipate the evolution of financial markets, and how to shape international co-operation among regulators fundamental to re-establishing financial stability and confidence. The centre, while based in London, is intended to provide an international forum for open dialogue on effective regulatory collaboration and best practice.
"The continued impact of the current financial turmoil has highlighted the very real need for greater harmonisation of financial regulation globally to address the current concerns of all market practitioners," states Barbara Ridpath, chief executive of the ICFR in London.
"The launch of the Centre comes at a pivotal time when it is absolutely critical to be looking for new thinking on how to return stability to the financial markets, and how to adapt regulation to changed market structures."
Before taking this post, Ridpath was head of ratings services, Europe at rating agency Standard & Poor's, where she had worked for 10 years. Prior to this she was a senior credit officer at JP Morgan Europe.
See also: Obama selects SEC and CFTC leaders
Regulation and economic capital spark debate
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Derivatives
Repo-linked renminbi floaters fail to excite investors
Muted demand dents China’s hope for repo fixing to become debt market’s benchmark of choice
Receive this by email