A sea change has occurred in the global banking industry and a wave of regulation is now a priority for senior bankers around the world. Ask any banking executive what the major trend is that affects their role both now and in the future, and the answer will undoubtedly be 'regulation'. For those running banks, regulation has been a key concern since the onset of the global financial crisis.
What is often viewed as a regulatory onslaught or clampdown is not only a response by the authorities to make the financial system safer, but also part of longer term changes that have seen the global banking industry become more interconnected and more technologically advanced.
