It will be important that we learn from that experience and that the right balance be struck. Regional regulatory organisations The suggestion coming out of the Turner Report for the development of regional regulators seems to be a useful one.
The development of colleges of regulators is another option for achieving collaboration but the issue of national sovereignty and regional authority will need to be addressed. These points expand on, or are additional to those made in the G20 report. In general, the problem identification process has gone well.