Compliance and Regulatory Consulting
Local and global compliance expertise.Compliance and Regulatory Consulting
The Global Regulatory Outlook 2017 (GRO), was quoted in the Wall Street Journal's Risk and Compliance Section "Survey Roundup," a summary of recent surveys and reports regarding risk and compliance issues.
The Wall Street Journal article outlined that the GRO survey reflected that 35% of respondents believe that there aren't adequate safeguards in place to prevent a future crisis. The article is available on the Wall Street Journal's website for subscribers.
"Skepticism about the value financial regulation brings remains. More than half say financial services regulation has either had little effect (35%) or actually worsened market stability (17%) – presumably reducing liquidity in some markets – against only 43% who say it has increased stability. Similarly, half (51%) say it has done little to improve investor confidence, and 7% say it has eroded it," as Julian Korek, Duff & Phelps Managing Director and Global Head of Compliance and Regulatory Consulting at Duff & Phelps, explains in his contribution to GRO.