Energy Financial And Jobs

Financial Regulation: who is watching whom
By Farah Halime, Cleve Jones, John Casey and Shannon Bond
Published: July 30 2009 18:55 Last updated: July 30 2009 18:55
function floatContent(){var paraNum = "3"
paraNum = paraNum - 1;var tb = document.getElementById('floating-con');var nl = document.getElementById('floating-target');if(tb.getElementsByTagName("div").length> 0){if (nl.getElementsByTagName("p").length>= paraNum){nl.insertBefore(tb,nl.getElementsByTagName("p")[paraNum]);}else {if (nl.getElementsByTagName("p").length == 3){nl.insertBefore(tb,nl.getElementsByTagName("p")[2]);}else {nl.insertBefore(tb,nl.getElementsByTagName("p")[0]);}}}}
The economic crisis has prompted governments across the world to re-evaluate their financial regulatory framework, to try to tackle the causes of, and fallout from, the global downturn. The next 12 months could bring the most dramatic change in financial services regulation in decades.
Our graphic explains the existing framework and proposed changes to financial regulation in the EU, US and UK. Will these changes prevent another financial crisis? Leave your comments here.