The hidden price of deregulation

Regulation reform and simplification are key priorities for many governments right now. In response, financial institutions are looking for ways to become more efficient and reduce the burden of compliance. Some relief might be gained by firms, but that doesn’t remove other complications. At a recent roundtable, a common theme appeared; firms are working to carry out their operations and retain their reputation, whilst modernising their frameworks. Deregulation has occurred in some sectors already. This creates opportunities, but it can also increase costs as companies navigate conflicting...