"Light touch" regulation, which gave bank bosses plenty of room provided they seemed to know what they were doing, is to be replaced with a much heavier hand, but it is attached to the same people.

“轻触”的规定曾经给了银行的老板们足够的空间以供他们知道专家们在做什么，如今替换成一个更重的手，但它是连接到同一人。

youdao

He presided over the FSA when the so-called "light touch" regulation was put in place.

他执掌金融管理局期间正是所谓轻触式管理到位的时候。

youdao

And the three overriding facts are: we have not had a period of light regulation, deregulation did not fail, and regulation makes things worse.

而且这三个压倒一切的事实是：没有一个时期，监管是不强的，监管放松没有失败，监管将使得事情变得更糟糕。

youdao

However, its defence is that it was under pressure to ensure regulation was "light touch".

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Yes, of course regulation should be light touch, yes of course maximal freedom is of the greatest importance.

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In general he favours light regulation, but he now agrees with Mr Obama that Wall Street needs firmer oversight.

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