'Revolving door' unique to financial regulators
New data for the 'revolving door' debate shows many more financial regulators move into private industry compared with their regulatory counterparts in other areas
The so-called 'revolving door' between regulators and industry is much more active in finance compared with other sectors, according to new data.
Research carried out by Risk.net shows a large preference for financial regulators both to be recruited from and to return to the private sector. This highlights the uniquely close relationship between regulators and regulated firms within finance and furthers debate about whether the relationship leads to regulation favouring financial institutions
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