Scandal-hit banks must 'stop the rot', says Iosco’s Wright
The finance industry needs to put a stop to its sequence of scandals and work to rebuild trust, according to David Wright, secretary general of the International Organization of Securities Commissions.
Speaking at a conference organised by the Association for Financial Markets in Europe this morning, Wright highlighted behaviour and ethics as a key concern for global securities regulators, noting that "nothing causes the rot and more regulatory angst" than revelations of further scandals
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