Speaking recently at the International Corporate Governance Network Annual Conference in London, Deloitte Touche Tohmatsu CEO William Parrett called on national regulators to convene a special summit before the end of the year with the goal of developing a more uniform global regulatory environment. “In an ideal world, a global regulator would be the answer to greater consistency, but this would be difficult to achieve.” Parrett said. “At a minimum, it would require sovereign states to cede to a global body its right to regulate.”
