Regulation, and the impact of regulation, is front page news.
In the post-financial crisis environment, the regulatory landscape is inherently more complex, with supervision and enforcement more confrontational, intensive and intrusive. Regulators are making judgements both about the robustness of regulated firms’ business models, and the suitability of the products they are selling. They will intervene promptly if they see or anticipate problems.
How firms respond to and manage this will be crucial to their future success.