Hitting the wrong target

摘要

In cracking down on the banking sector, global regulators are in serious danger of hitting private sector companies by mistake. A slew of impending regulatory measures which aim to make banks and markets more robust and transparent are likely to have the unintended consequence of hampering corporates, slowing exports and stymieing growth.rnWorse still, in some cases, regulations designed to reduce systemic risk are merely pushing it out of the banking sector and on to companies, leading some lobbyists to warn that the next crisis could arise from the corporate sector.