Viewpoint: Regulator Academy - The Establishment Of A School For Financial Regulation In London Should Attract Students From Around The World Eager To Learn About The UK's Principles-based Oversight Model, Says Mervyn Davies.

Banker, The, June, 2007 by Davies, Mervyn

Byline: MERVYN DAVIES

In recent years we have seen the increasing globalisation of financial markets as capital has flowed across borders, while companies' appetites for raising funds in the international capital markets, particularly in Asia, has steadily grown.

Amid this globalisation, London has emerged as the world's leading international financial centre. In addition to the City's position between the time zones of Asia and the Americas, and the UK government's openness to foreign participants in the financial sector, enlightened regulation has played a major part in London's success.

The UK's Financial Services Authority (FSA) is internationally recognised for the highest standards and integrity. Its distinctive strength is its...

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