Prime Minister Gordon Brown today hit out at other countries for failing to take his advice to avert economic crisis by improving financial regulations.
He said he was "angry" that banks were not being supervised across borders, 10 years since he first argued his case.
Mr Brown told BBC Scotland's Politics Show: "We could have dealt with some of these problems if we'd known what was happening to the sub-prime market in the States, but we didn't have the global early warning system.
"I have been pressing for this for years. I actually think we'll now get the changes that are necessary.
"But while we wanted to go ahead with these changes, other countries did not."
He said an international system would supervise events beyond Britain "which can affect us all".
Asked whether he had any regrets over his tenure as Chancellor, Mr Brown said: "What I'm angry about at the moment is that the proposals we've been putting forward for years, which might have helped deal with the problem, have not yet been implemented.
"But I'm pretty sure that as a result of what people are seeing now, the British proposals will be taken on board."
The PM repeated his earlier claim that Britain was better placed to withstand economic turbulence.
He said the Government's "unique action" to acquire shares in UK banks was being followed across the globe.
Turning to the proposed takeover of Halifax Bank of Scotland by Lloyds TSB, Mr Brown indicated it was not yet a certainty.
He said: "It may be in the next few days someone will come forward and say they can afford to buy HBOS and leave it independent but until now nobody has come forward."
He also warned the institutions, including Royal Bank of Scotland, over future trading.
Mr Brown said: "A lot of the problems have been in the international sector and therefore it may be that is where the activities of these two banks will be lesser in the years to come.
"In their domestic lending, they have been very successful over many years until the difficulties hit them."
He took another swipe at the Scottish Government, saying the SNP was banking on the "volatile" oil industry to underpin the argument for independence.
"You cannot build the future of the whole of the United Kingdom, people's pensions, the future of Scotland, people's savings and people's jobs, on a volatile commodity," he said.
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