Diverging regulatory policies could spell trouble for banks, report says
Deloitte says there are obvious signs of regulatory divergence
A retreat from global regulatory co-ordination may give banks a headache in 2019 as regulators around the world begin to tailor regulation to national needs, according to a report published by Deloitte.
Following the 2008 financial crisis, global regulators banded together to draw up a co-ordinated response and implemented new regulation that would underpin a more robust global financial system.
“However, there is starting to be a move away from global policy-making and a reduced appetite for
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