The Risk and Regulation Monthly provides a summary of the key International, European and UK regulatory developments affecting the Financial Services industry.

The UK investment management industry is undergoing vast and continued structural change.

The Mortgage Market Review will bring a number of substantial changes to the mortgage industry, such as removal of non-advised sales process.

The building society sector remains broad in its coverage and there are a large number of profitable and well capitalised societies of varying size with strong local links and brand presence.

The pharmaceutical industry continues to face an extremely challenging R&D environment and has yet to turn a corner in terms of its R&D value proposition.

Governments seek to help citizens make the right choices such as to recycle, to eat healthy, to stop smoking, or to read to our children.

At the heart of Solvency II is the need for closely integrated risk and capital management.

The hoped-for return to growth, following the financial crisis of 2008, has yet to become established.

The Chancellor made a number of announcements in the March 2014 UK Budget Report which will affect the Travel, Hospitality & Leisure industry.

We may be number two on the Global Innovation Index after Switzerland, but we are 20 places lower down in the international league table when it comes to converting this into real wealth.

The current economic environment is increasing pressure across industries and involving all players in the value chain from primary producers to retailers and the many potential intermediaries.

Portfolio transactions continue to be a strong contributor to overall direct UK real estate investment activity.

The economic turbulence of the past few years has created a talent paradox.

With a super-charged engine, businesses can drive new performance ERP is no stranger to reinvention.

Commenting on today's Budget, Ian Stewart, Deloitte chief economist, said:

The Chancellor announced that the business rates incentives flowing from the new round of enterprise zones (EZs) will be extended for a further three years.

The Chancellor is punishing thousands of wealthy savers by closing the door on a strategy that has been used to enhance returns on cash based investments within an insurance bond