Banking lobby groups in the US and the UK have been calling for relaxation of rules around bank leverage. But the UK’s top banking regulator says current circumstances are too volatile for any risky change.
Interest rate risk
Andrew Bailey backs drive for growth but says moves already being made to ease regulatory burden.
The FCA’s recently announced s166 review of the motor finance market could, Gavin Stewart believes, lead to a major compensation programme.
When it comes to compliance, the difference between saying and doing can be exacerbated by an excess of regulation.
New York correspondent Julie DiMauro speaks to Maria Vullo, former superintendent of the New York Department of Financial Services and now CEO at Vullo Advisory Services.