In this article, drawn from a speech Howard Davies made to the Securities regulatory Commission in China, the author contrasts the efforts which are being made in developing economies like China with the more established regulatory regimes like those of the UK and the USA. He argues that good...

Provides an overview of the directions, including wrong turnings, in which European and global banking is heading. Based on the viewpoint of Howard Davies, the head of the UK regulatory body the Financial Services Authority, covers issues such as greater regulation, Internet services and erosion...