Measuring regulatory success- by Alan Cameron

Effective regulation cannot be measured by high-profile prosecutions or bycounting boxes ticked. Financial regulators have much to learn from ProfessorMalcolm Sparrow's study of crime and environmental policing, argue AlanCameron and Bill Coad.

As former practitioners of what wewould now call the regulatory craft,we found much of relevance in thelatest book of Professor Malcolm Sparrow.Sparrow, a former policeman who studiedmathematics at university, is now a professorat the John F. Kennedy

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