[FabHK]

> - Another problem is that regulators tend to have a two-way revolving door with the industry they are supposed to regulate. It is pretty rare to see a regulator that really takes such an industry to task.

Though the article specifically claims that this rarely happens in Germany, with the boundary between the political and commercial sphere being less porous than elsewhere.

[jacquesm]

Check out the current leadership of BaFin and other EU regulators and check their track record, and where they typically end up afterwards. The lower ranks hardly matter.

If the EU wants to solve this they actually have a head start on other regions, they could investigate each others' industries. I'm sure the French would love to regulate the Germans and vice versa!

[pas]

So there's the EPPO (European Public Prosecutor's Office), but I have no idea if that will ever have the right structure to do this.