Business leaders want tighter rein on finance firms
The survey of 735 chief executives, chairmen and directors, conducted by law firm Allen & Overy, found 76% support better regulation of rating agencies - particularly strong in the US and Asia - and 66% support better hedge fund regulation. Sixty-seven per cent wanted better transparency and more regulation of complex structured products. Although 79% wanted national regulators to be restructured, there was no consensus on proposals for a single global regulator.
Capital adequacy and accounting
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