Banks face a continued onslaught of regulation in 2015 as politicians fine-tune forthcoming legislation to toughen up the banking system.
Differences in the content and timing of rules on resolution planning, structural reforms and derivatives threaten to unravel cross-border banking models.
Conduct risk – the risk of staff acting unprofessionally, unethically or illegally – has become a major concern for supervisors and banks, as Michael Imeson reports.
The UK banking industry is opening itself up to new entrants in the hope that this will stimulate greater competition in the market. The early signs are that innovative new players could be doing exactly that.