• Industry: Financial Services, Capital Markets, Banking
  • Type: Regulatory update, White paper
  • Date: 5/28/2013

Moving on - The scope for better regulation in banking 

This publication focuses on the cumulative impact of regulatory change on the wider economy – in particular, economic growth.

The priority of many governments and regulators since the financial crisis – particularly in the US and Europe – has been first and foremost to make the financial system safe.

However, the waves of regulatory reforms seem to have taken economies beyond the 'tipping point' – the costs of ever more regulation have begun to exceed the benefits. Regulatory reforms have exercised a substantial drag on economic growth, while their impact on the safety of the financial system remains uncertain.


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