Regulatory failure and regulatory change in the banking sector

Pub. Date
03 February, 2016

"In this short note I make some simple points about what went wrong with regulation of financial institutions before the financial disasters of 2007–8 and what has happened – and what should have happened – since. The problems were largely with banks and so most of what I will say is about them. I will make some general points, but at times I will say things that are somewhat more specific to the UK."