Lack of international cooperation will hinder economic recovery | Howard Davies

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Lack of international cooperation will hinder economic recovery | Howard Davies
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There has been no consistency to the regulatory changes during the coronavirus crisis

The years after the 2007-09 global financial crisis were characterised by an orgy of rule-making by financial regulators around the world to address the weaknesses exposed by the upheavals. Importantly, a renamed and reinforced Financial Stability Board , reporting to a series of G20 summits, oversaw the process of reregulation.

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