On January 8, 1999, the Section on International Law and the Section on Financial Institutions and Consumer Financial Services co-sponsored a program entitled "Recent Developments in International Financial Regulation." The panel focused on international cooperative efforts among banking and securities regulators. Topics included: current problems that need to be addressed in global financial markets; the development of the highly influential Core Banking Supervision Principles by the Bank for International Settlements, Basel Committee on Banking Supervision and the adoption of such Principles by national regulators in developed and developing countries; work of the Joint Forum on Financial Conglomerates on consolidated supervision issues; and the impact of liberalization of financial services trade on reform of national regulatory regimes. Speakers included Cynthia C. Lichtenstein of Boston College Law School, Hal S. Scott of Harvard University Law School, Joel P. Trachtman of the Fletcher School of Law and Diplomacy, and Michael K. Moore, a Senior Banking Specialist at the World Bank. The program chair was Constance Z. Wagner of Saint Louis University Law School.