Reshaping the UK's financial services regulatory framework
Lord Turner has significant influence, as in the thick of the politics of financial re-regulation, the former McKinsey man has plenty of ideas to contribute to the reshaping of the UK regulatory framework. Notable for, among other things, his description of a shadow bank as being a bank 'if it quacks like a bank'. His paper on the reform of the UK's financial regulatory system has been one of the seminal templates of the debate on regulation.
Lord Turner has significant influence, as in the thick of the politics of financial re-regulation, the former McKinsey man has plenty of ideas to contribute to the reshaping of the UK regulatory framework. Notable for, among other things, his description of a shadow bank as being a bank 'if it quacks like a bank'. His paper on the reform of the UK's financial regulatory system has been one of the seminal templates of the debate on regulation.