"To facilitate better corporate governance and more consistent business practices across borders, national regulatory authorities must work more closely," said Deloitte Global CEO William G. Parrett to an audience committed to strengthening global corporate governance. "Let's begin by getting together."
Speaking at the International Corporate Governance Network (ICGN) Annual Conference in London, Mr. Parrett called on national regulators to convene a special summit before the end of the year to initiate a sustainable formal dialogue that can help develop a more uniform global regulatory environment. He suggested the participants at the initial session come from capital markets around the world, including representatives from the G8 and developing markets. Mr. Parrett would like to see the regulators meet at least twice a year.
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