More importantly, regulators and supervisors have to pay attention to keeping financial industry lobbies at due distance. All this calls for a major effort, at a national but especially at an international level, to adjust and strengthen the regulatory and supervisory financial framework.
And it explains why the work that is carried out at various levels of relevance and responsibility in international fora is so important. In what follows I will review and assess recent reforms in financial regulation, highlighting those improvements that still need to be achieved.