71.   Industry Minister Pier Luigi Bersani said that Enel would be sold next year once a regulatory framework had been established.

72.   Also included in the program is tariff reform, privatization and liberalization of the investment and regulatory framework.

73.   Apart from setting up a regulatory framework, Beijing also foresees the creation of experimental joint ventures between foreign funds and Chinese partners, he adds.

74.   But the business is being hampered in its development by an absence of a regulatory framework.

75.   The regulatory framework is being drawn up by KSE with the London-based investment bankers SBC Warburg, and could be completed by September, Bader said.

76.   They said the domestic market was already fully open to US providers and contended that Britain provides an effective regulatory framework as well as safeguards against anti-competitive practices.

77.   It is to undertake a stocktake of financial regulation, establish a common regulatory framework and propose ways for dealing with further financial innovation.

78.   Officials said the regulatory framework would evolve with technological advances.

79.   OECD said sectors such as gas and the postal service would also benefit from an improved regulatory framework.

80.   Regional experts attending the conference said the regulatory framework still has to be worked out.