Tag Archives: financial regulation

Have We Reached the High Water Mark for Global Regulatory Reform? (IIAC Blog)

Have We Reached the High Water Mark for Global Regulatory Reform? (IIAC Blog)

The aftermath of the 2007-2008 global financial crisis was an intensive period of financial regulatory reform across the developed world. The urgency and extent of reform, particularly in the early years, laid the ground for excessive and unintended consequences.

There is a growing consensus that the pendulum has swung too far. Regulators in many jurisdictions are taking stock of the impact of reform on markets and on the economy.

We expect that an ongoing review of the reform impact and rising compliance costs for the financial sector will slow the rulemaking process, roll back certain rules, … Continue reading

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A Sea Change in Thinking at the EU Parliament and Commission (IIAC Blog)

A Sea Change in Thinking at the EU Parliament and Commission (IIAC Blog)

In May, I attended the International Capital Market Association (ICMA) AGM and Annual Conference in Dublin, Ireland in my capacity as Chair of the International Council of Securities Associations (ICSA) and as President and CEO of the IIAC. Over 1,000 international delegates from the financial community came together to discuss developments in global capital markets and financial regulation.

I discuss some of the overarching themes of the conference in my June Letter from the President.

The increasing regulatory burden was front and centre at the conference. There is a general view that the large amount … Continue reading

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