Ms. Pooran is a legal and regulatory expert focusing on financial regulation in the context of the current global economic crisis and reforms to the international financial architecture.
She is a lawyer in England, New York and the Caribbean. Her career spans the areas of international commercial law, international economic law, international financial regulation and public policy with an emphasis on public sector reforms pertaining to developing states. She has served a range of private and public sectors in industrialized and developing countries and has, over a twelve year period advised extensively on all aspects of financial regulation, banking and insurance supervision, international financial transactions and governance. This has included assisting multinationals, banks and financial institutions on project development and financing in the oil & gas and other sectors, syndicated lending for JP Morgan Chase, CIBC and other lenders, derivatives, capital markets, risk transfer and securitization.
She has advised extensively on an all elements of the framework for regulation of the financial system including the promulgation of international standards and the implementation by national systems of international financial standards to protect systemic integrity, international conventions and conducted numerous bi-lateral negotiations. In addition, Ms. Pooran has assisted governments with strengthening their legal, regulatory and institutional frameworks, provided advice on financial sector vulnerability and conducted evaluations on countries’ legal and regulatory systems.
She is a graduate of the London School of Economics and Political Science where she obtained a LL.B and LL.M (Commercial Law) and the University of the West Indies (LEC), has lived in several countries and is fluent in French, Spanish and English.
Provide stringent controls on risk transfer. Moreover, it is clear that a “group” mentality has become commonplace and regulators not provided with enough “teeth” to control potentially imprudent financial market activity. Combined with this is an incentive structure that rewards short-term risk-taking and that may even put investors at risk. Such an approach leaves the financial system vulnerable to practices that run counter to investor-protection, that does best serve policyholders and the public and that does not safeguard the financial system. It is imperative that policy measures look to address these issues in seeking effective measures to enhance global financial stability and promote sustainable financial markets.In my twelve years of experience as a lawyer working in the areas of international financial matters and financial regulation, it has become evident that the regulatory framework is not only inadequate and outdated for the array of financial instruments in the financial markets but furthermore, that regulatory oversight is weak and regulatory institutions poorly equipped to