Social Care Minister Chris Robertshaw said the island needed effective regulation of private rented housing.
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But the UK broadcast media has - unlike in the US - effective regulation.
Richard Fisher, the president of the Dallas Fed, puts it down to his state's particularly effective regulation.
The lack of moral compass, in combination with a lack of effective regulation, has led to this deep and long-lasting crisis.
Mr Smart added effective regulation was key to any plan for change.
Overall, efficient and effective regulation of the water industry in Scotland has helped to deliver the lowest average household charges in Great Britain.
Not only did Bair attempt to be a good steward of the banks under her FDIC protection, she endorses the idea of simple and effective regulation.
One thing is for certain: Bringing a federal case six years after a violation and taking three years to prosecute the last respondent is not effective regulation.
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"Surely that's a case for not only having effective regulation, but also making sure agencies are enforcing it and that does not seem to be happening, " he added.
After all, effective regulation in the public interest is a prerequisite for the effective operation of markets, and the IFRS Foundation is failing in its duty to supply it.
Now, so what we have to do, what Congress has to do, what the financial community needs to do is not to deny that we need more effective regulation.
Effective regulation of a worldwide market will necessarily involve a big loss of sovereignty by major nations, and national leaders are loth to relinquish their freedom to act independently.
He acknowledged the need for effective regulation of Wall Street and other markets, for public investment in education and vowed that he would not support any tax cut that increased deficits.
Watch this space, but I think that within a relatively short period the European Union will claim back the right to set accounting standards for itself, in the public interest, to ensure effective regulation.
"Although money market funds are not guaranteed, investors have benefited from the security, liquidity and diversification that these funds provide under stringent and effective regulation, " the ICI said in a statement on Tuesday.
Lack of effective regulation costs investors billions annually.
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"We're talking about more effective regulation, " Paulson says.
The absence of effective international regulation also allows middlemen to profit from the demand for children to adopt.
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More effective financial regulation is needed, even if some proposals seem misdirected.
We are the party of sane, cost-effective government regulation.
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This requires public policies that institute effective mechanisms for the regulation, accreditation, and support of teacher training institutions, and means of verifying the skills possessed by graduates.
But Guardian editor Alan Rusbridger told the BBC "a bit of statute" was a price worth paying for an effective new system of regulation and that he believed the press could "live with most of" the Leveson proposals.
He wants tougher regulation and more effective labelling, so that fish can be sourced and traced.
Mike Kennedy, chief operating officer for the Crown Prosecution Service, said out-of-court disposals were effective but needed "proper regulation, consistent application and public transparency".
We have to ensure that tax havens are thrown open to scrutiny, universally, if any form of regulation is to be effective.
IMF, in the most recent of its periodic reports on Switzerland's financial sector, said that Swiss anti-money-laundering measures met the highest international standards, and that the sector's regulation and supervision were effective and solid.
As the Gulf oil disaster has grown, so has debate about whether regulation or tort liability is the most effective deterrent to such accidents.
The Congressional Review Act allows any senator to bring up legislation to overturn a regulation or an order within 60 days of its effective date, provided the senator gets 30 signatures supporting it.
The point is not that capturing emissions in a cost-effective and technically feasible manner lacks any merit or that the industry should grouse about regulation.
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It emerged from interviews with media professionals and activists in Thailand that media accountability systems like the Press Council and journalist associations cannot be effective alone in a vacuum in the absence of awareness on the importance of self regulation among journalists and editors.
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