Some scrutiny from bank clients is very important.

Some scrutiny from bank clients is very important.

“WE JUST NEED BETTER REGULATION”

The greater regulation view assumes that regulators already have control of exactly exactly what banking institutions do. It is a view that is extremely optimistic for many reasons:

1) The banking sector has much more funds and resources at its disposal than any body that is public to modify it. Consequently, banking institutions is in a position to mobilise significantly more resources for bypassing policy that is certain, beneath the guise of economic innovation, than regulators could have to be able to avoid them from performing this. More