Monday, September 14, 2009

Reforming the financial system

Read this report.

The key proposals are:
a) strengthen consumer protection (MAS please take note)
b) regulate derivatives
c) monitor systemic risks


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1 comment:

  1. AnonymousSeptember 15, 2009 12:19 AM

    The system needs overhaul, extreme makeover. The knife must be used. The current debacle is caused by systemic failure.

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