Monique Melis and Mark Turner Published in FS Focus

Monique Melis and Mark Turner, both managing directors in the Compliance and Regulatory Consulting practice at Duff & Phelps, wrote a piece for FS Focus magazine on the future of UK regulation within the financial services industry.

“Earlier this year UK Prime Minister Theresa May made a promise to investors – that “a post-Brexit Britain will be an unequivocally pro-business Britain”. This raised the question of whether we are likely to see a significant amount of financial services deregulation in the UK after Brexit. While recent regulation has been aimed at strengthening the financial industry, inspiring trust among market participants (not least end customers), the volume of regulation has been questioned in relation to its impact on market dynamics. There are almost always unintended consequences. For example, higher capital requirements for banks provide a larger buffer to withstand financial shocks, however they can also makes it more challenging for new entrants in the market, hampering the efforts to improve competition. The regulatory burden means the financial industry is more complex than ever before, and that firms face ever-increasing compliance and reporting costs.”

Learn more about FS Focus.

2019-02-20T00:00:00.0000000 0001-01-01T00:00:00.0000000 /about-us/news/monique-melis-and-mark-turner-published-in-fs-focus news {DA6CC51B-740E-439A-B283-2BBFB5326BAA} {1C3CB363-1B9A-40E2-AF19-5C433260F861} {4FD55120-2DD8-4DB5-8DAA-3D9212C2436D} {95D7F66C-11BB-4E7D-B07C-48874A321F98}

Related Services

Duff & Phelps Compliance and Regulatory Consulting

EU Regulation

Comprehensive compliance and regulatory support for EU firms.

EU Regulation
Duff & Phelps Compliance and Regulatory Consulting

UK Regulation

Comprehensive compliance and regulatory support for FCA authorized firms.

UK Regulation

Insights

News