As Asia looks towards greater levels of connectivity, banks are struggling to work out how to operate within ever more stringent data protection laws.

In the race for ‘turbocharged’ economic growth, is the UK putting its reputation for gold-plated financial services rules, which kept risky behaviours in check, on the line? 

Ongoing research finds “a feeling of trust in a country’s population is a vital component in a bank’s decision to lend to a government”.

It is tempting to dismiss the UK government’s plans to scrap banker bonus caps, reintroduce a competitiveness mandate for regulators and to potentially dilute conduct rules to turbo charge the City of London’s growth as a return to casino capitalism. The reality is somewhat more nuanced.

The gilt market spiral in September, which created a material risk to UK financial stability, has brought defined benefit pension schemes under greater regulatory scrutiny. 

Across south-east Asia, banks are contending with a wide range of issues and exposures as they look to steer towards profit growth. 

Although they are making the first steps, Europe’s largest banks are not yet doing enough to address climate change and nature loss. 

The buy now, pay later model has shaken up global e-commerce like no other innovation in recent years.