Half those surveyed feel regulation will have little or no effect on stability
Half of the industry's top executives are
convinced the far-reaching regulatory reforms introduced in the
aftermath of the 2008 financial crisis will not make the
industry more resilient.
Some 48% of respondents to the 2015 Global
Regulatory Outlook report from Kinetic Partners said they feel
that financial services regulation will have little or no
effect in making the financial services world more stable.
"Following the significant regulatory
changes of the last several years, 2015 will likely be
characterised by how firms address the challenges of newly
implemented requirements. Understanding these requirements,
their implications for business, and the actions needed to
respond effectively will be key," said Kinetic in the third
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.