Thus, if there is a modest effect on industry structure, it would be an intended – rather than unintended or undesirable – consequence of the regulation. In general, at least at the levels of minimum long-term debt that are being discussed in various international forums, the proposal would not seem to carry significant hurdles to realizing available economies of scope and scale.
The response of international regulatory groups to the crisis Over the past few decades, international cooperation in financial regulation has generally been pursued in a number of groups that bring together national authorities with responsibility for regulating or supervising in a particular area, or that served as venues for informal discussion.