global regulation is global bullshit, just like global warming and all the other "save the world" global governance initiatives of the arch globalist Gordon Brown, the champion of globalisation and global hot air.
It won't be achieved anytime short of the next millenium, which is exactly why globalist Gordon advocates it, so that his mates like 'Fred the Shred' can carry on unheeded and unregulated without so much as a "hold on" from the elected "representatives" of the suckers (i.e. the public).
We don't need to pursue a deliberately deceptive, phony, pie-in-the-sky global regulation. What we need to pursue is plain old simple regulation, no global bullshit involved at all. No Gordon swanning about at international conferences shaking hands and rictus grinning with global bigwigs. What we need is local regulation, just a few phone calls, a couple of local meetings in Threadneedle Street, instead of the Maldives.
But of course, that would be too simple, that would work. That would save the country. But of course, he's not interested in the country. The country's not global, the British people as just local, he's got bigger ambitions. Underneath his suit, he's got a different set of clothes, he thinks he's Superman, and unfortunately for us, come hell or highwater, he intends to "save the world".