The hedge fund industry has made vast profits partly by exposing weakness in stocks, currencies, even national economies, but they have increasingly come under fire for their perceived role in the global economic crisis.

Antonio Borges is the Chairman of the Hedge Fund Standards Board.

Stephen Sackur asks him if regulation will ensure that the financial shocks of recent years are never repeated.

You can watch the full interview on Tuesday 14th September 2010 on BBC World News at 0330, 0830, 1530, 2030 GMT and on the BBC News Channel at 0430 and 2330 BST.