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.