Adair Turner, Chairman of the FSA, has today highlighted the 32 actions that he considers are required to create a “stable and effective” banking system. Many of these actions are already underway or have been implemented (such as the UK bank resolution regime); others are only achievable through international co-operation. Some are specific tasks, such as the FSA implementing its Supervisory Enhancement Program; others are broad policy proposals where, one suspects, the devil will be in the detail.