In parallel with the current trend towards financial globalization, a single system of regulation is fast becoming de rigueur for an increasing number of countries.
This trend is primarily fueled by companies seeking to raise financing abroad, and secondly by investors wishing to diversify risk and find new investment opportunities in other markets.
While there are currently still many different systems out there, the US model is winning the race by several lengths, as much in China as in more developed economies. While, however, the US system has proved extremely useful as an export to other countries, there is no “one size fits all” solution.
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