Principles of Financial Regulation - Paperbackby John Armour (Author), Dan Awrey (Author), Paul Davies (Author) The financial crisis of 2007 9 revealed serious failings in the regulation of financial institutions and markets, and prompted a fundamental reconsideration of the design of financial regulation. As the financial system has become ever more complex and interconnected, the pace of evolution continues to accelerate. It is now clear that regulation must focus on the financial system as a