Otherwise, global financial markets will be destroyed by regulatory arbitrage.

Fourth, regulatory structures will need to be rebuilt, and this will require a global effort.

And it will occur (if it does) in a global economy with fundamentally different structural and regulatory characteristics.

China s future competitiveness also depends on its integration into a new wave of global and regional regulatory regimes.

In the global world of the borderless Internet, this type of government regulatory expansion could fragment international markets.

Avoiding a global race to the bottom in regulatory standards, a race to the top in incentives, or a return to protectionism, will require better global coordination.

Regulatory issues

Regulatory action

partnership regulatory

There will be plenty of time to debate a new Bretton Woods and the construction of a global regulatory apparatus.

In the decade or so leading up to the meltdown of 2007 2008, the global trend was toward regulatory integration.

Other regulatory controls

1. Regulatory framework

regulatory government guidance

regulatory voluntary action

We need a democratically legitimized world finance organization, equipped with the necessary regulatory instruments, which would supervise major global financial institutions.

Absent international coordination, the opportunities for destructive regulatory competition will defeat regulatory reform.

Legal and regulatory environment3

Regulatory and control framework

regulatory 0.15MtC (incl. business)

The challenge is even greater because some regulatory agencies must be multilateral, or at least intergovernmental, given the global nature of much economic activity.

The Harm of Regulatory Disharmony

Regulatory philosophies are converging, too.

Franchising poses particular regulatory challenges.

2.1 Legislative and regulatory provisions

H. Deregulation and regulatory reform

2. Environmental policy mechanisms regulatory

(e) Legal and regulatory framework

Regulatory support activities aim at strengthening the capability of national regulatory agencies through training, the development of regulatory guidelines and methodologies, and through informational and material support.

In the coming years, emerging markets will most likely struggle with implementation of global financial regulatory standards, which apply mostly to more sophisticated financial markets.

(i) Regulatory framework and incentives structures

But the current financial market turmoil has shown that there are regulatory and supervisory gaps and poorly understood international linkages that call for a global response.

To that end, my Government has established appropriate nuclear legal and regulatory frameworks, as well as safety, security, safeguards and physical protection measures, in global transparency.

The US wants to resolve the global crisis by providing substantially more financial help, which Europe is refusing to commit, preferring to focus on financial regulatory reform.

Other big legal and regulatory costs loom.

Policy, Regulatory Frameworks and Equitable Benefit Sharing

C. Institutional and regulatory reform . 7 4

But there are indications that the process is being driven by regulatory change, and in some cases by regulatory protectionism.

A Regulatory Impact Analysis or Regulatory Impact Assessment (RIA) is a document created before a new government regulation is introduced.

Policies and regulatory frameworks, as well as any regulatory reform, would follow different objectives in relation to these two segments.

In the sixth preambular paragraph, the words national and legal regulatory infrastructure should be replaced by national, legal and regulatory infrastructure .

In many ways the regulatory structure wasn't that bad but it was the case that the regulatory structure was a compromise.

That is how regulatory progress is often made.

Regulatory encouragement may be helpful, perhaps even necessary.

Financial innovation will proceed along with regulatory arbitrage.