Detox regime (TT Jun09 p32-33)

Hector Sants, chief executive of the Financial Services Authority (FSA) and a member of the ACT’s advisory board, believes that the challenge of bank regulation is a “massive topic”. In a wide-ranging and masterful examination of the key issues of financial turmoil and banking regulation for the ACT Spring Paper, Sants focused on what bank regulation may look like in the future and what that may look like for banks, investors and auditors.