financial sector, and, when problems arise,
they must act quickly to avert systemic crises.
(2) The current crisis resulted …. Competition and Regulation in the Water Sector DAFFE/COMP(2004)20
47. Regulating Market Activities by Public Sector DAF/COMP(2004 ….
Because regulatory failure led to the crisis, the main solutions will come from prudential
regulation and other measures that …