Regulator reluctant to intervene despite competition concerns
Progress to address liquidity mismatch has been uneven, review finds
International body says policymakers must guard against complacency amid multitude of threats
Financial sector funds now out of bounds for regulator's employees
Uptake likely to be limited, cushioning impact on banks
Consumer protection and individual responsibility a core focus of the recommendations
New rules would require advisers to file reports with the government when they suspect clients of suspicious activity
Stakeholders are concerned about cost, complexity and lack of imagination
Fund industry critics worry about rules' impact on liquidity, costs
European regulators worry about oversight weaknesses