Spinning Plates – Can Financial Services Be Regulated Efficiently, Competitively, Innovatively And Prudently?

As geopolitics, climate change and digitisation shift the financial services landscape and disparate providers near the threshold of regulation, we explore how the watchdogs are responding

Just as the financial services industry is constantly evolving, so too are the expectations around what regulators can and should do. And those expectations arise from a diverse group of stakeholders including governments, the regulated community, and customers. Regulators need to be across a brief which broadens more and more – from the expanding regulatory perimeter bringing more (often novel) business within scope of their remits and a maturing focus on individual accountability over a decade out from the global financial crisis, to becoming more alive to the impact of corporate culture. These are neither simple nor easy to supervise.