IIF launches strategic regulatory dialogue

COVER STORY

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 rising tide of regulation globally.

"We consider a strategic dialogue to be a major priority," sa

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