Senior executive says missing out on opportunities can have a greater cost in the long term than taking responsible and managed risks.
Regulatory risk
Gregory Gonzalez, a partner at Wilkinson Barker Knauer Law Firm and former DOJ attorney, shares his expertise on the importance of compliance.
The FCA has said it was obvious that some customers were too "high risk" to be allowed to open an account at Monzo.
House of Lords Financial Regulation Committee says UK regulators could copy the approach taken by Singapore.
Experts discussed innovation and strategic priorities and how firms could deal with the challenges of RCM in a rapidly changing environment.
The UK insurance sector has welcomed the proposals, but critics argue deregulation under political pressure could be risky down the line.
The first of a series of reports from XLOD London features a panel discussion with experts from Standard Chartered, Lloyds Bank, and Citigroup.