If there is a clear message from the current turmoil in the credit markets it is that our country’s regulatory systems need urgent overhaul. The U.S., however, is not alone in this need. Nations around the globe must reevaluate their supervisory systems, not only to help preserve safety in the world’s financial systems, but also to accommodate the future change and innovation that will be needed to keep the financial services markets vibrant.

The Deloitte Center for Banking Solutions and Deloitte & Touche LLP were privileged to be part of a recent study by the Washington, D.C.–based Group of Thirty that assessed the strengths and weaknesses of a number of international regulatory systems. The conclusions of the study can serve as a framework for the coming debate over how best to reform our regulatory framework to mitigate and withstand future shocks.

As the discussion over financial services regulatory reform deepens, financial industry experts need to stay informed about the direction and future shape of their industry’s changing regulatory structure.

For additional insight into the process, read “The Structure of Financial Supervision: Approaches and Challenges in a Global Marketplace,” attached below.

Related Content
Fact sheet: The Structure of Financial Supervision
Overview: Center of Banking Solutions