"To close this important gap in our regulatory structure, legislative action is needed that would subject all systemically-important financial institutions to the same framework for consolidated supervision that currently applies to bank holding companies."

VOA: standard.2009.10.01

By 2003, the differences were less than the average for the period, thanks to a closing of the regulatory gap, but they persisted nonetheless.

ECONOMIST: Economics focus

Adoption would fill in a major gap in the regulatory regime for derivatives.

FORBES: The 'Other' Fiscal Cliff: Unfinished Financial Reforms

"At the moment, there is just a complete gap - there is no European regulatory regime for reusable space vehicles, and we need one, " he told BBC News.

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