regulation system
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- Green said that the reform of the global financial regulation system should be based on international co-ordination because the capital markets are increasingly global.
- It was Gordon Brown who set up the tri-partite regulation system that failed to foresee the 2008 financial crisis.
- The Cayman Islands, for example, have decent regulation system set up strictly for creating and keeping up an investment fund, but it is more expensive to maintain a fund there.
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