a non-active Finextra member
12 March 2009 | 2856 views | 2 | Recommends 0
I suspect the memorable phrase coined today by Hector Sants, CEO of the Financial Services Authority, will long be remembered as a turning point in the debate about regulatory structure. He said "a principles-based approach does not work with participants who have no principles". Go to http://www.ft.com/cms/s/0/2dbf2b7e-0ef8-11de-ba10-00...
TagsRisk & regulationPost-trade & ops