The aftermath of the financial crisis has led to a lot of
changes, and they are not over yet. It's inevitable for
countries and markets to look to what areas need the most
attention and improvement. But they should also focus on the
regulators who have been at the centre of these reforms and who
themselves require some updating.
The prospect of this raises several issues. This magazine
often tackles the problem of regulatory overload for corporate
and financial institutions. But regulators too can feel the
pressure, particularly given their limited resources and...