04-05-2017 | POINT OF VIEW
Is the era of financial regulatory coordination coming to an end?
Since the global financial crisis there has been a strong mandate for international consistency and cross-border solutions on financial oversight. But, as the Basel Committee indicates in its latest strategic priorities, this concerted, global effort is taking a pause for thought - this at a time when regulators in the US and the EU review their own agendas. Does this indicate the beginning of an end to the globalised approach to financial regulation? What are the fissures emerging in the global regulatory architecture? Dr Colin Lawrence explores sources and implications of regulatory divergence in Parker Fitzgerald’s latest point of view.
31-03-2017 | POINT OF VIEW
Why the City has more to fear from global risk than Brexit
London will remain the major financial centre of Europe, even with the UK's decision to leave the EU. Much of the City’s appeal is Brexit-proof: the skills, knowledge, language, lifestyle and deep-rooted infrastructure spanning legal, consulting and technology. These cannot be easily replicated across the EU. Of course, there are niche financial centres across Western Europe, whether it be Dublin, Luxembourg, Geneva or Zurich. These may gain business in coming years but we expect London to thrive too.
23-03-2017 | POINT OF VIEW
New Global Risk Contours For The City
Despite the seismic changes in the geopolitical environment in 2016, the global economic outlook turned out to be rosier than expected since mid‑2016. The growth of nominal GDP – growth plus inflation – is now higher across major developed economies. We are seeing signs of reflation, with stronger economic growth and rising inflation across a host of countries. Labour market conditions are also strengthening, as employment has risen significantly in recent years across the major economies. Prospects across emerging economies, led by China, have improved too.
07-03-2017 | PRESS RELEASES
Parker Fitzgerald appoints Pritesh Patel as Partner, Global Assurance
Parker Fitzgerald (‘PFG’), a strategic advisor and consulting partner to the world’s leading financial institutions today announces the expansion of its global practice team with the appointment of Pritesh Patel as Partner to head its new Global Assurance practice.
13-02-2017 | POINT OF VIEW
What will Trump’s ‘America First’ financial reforms mean for global regulatory standards?
On February 3rd we saw the unveiling of President Trump’s much vaunted Executive Order into reviewing United States financial regulations. In what could signal a major change in the post-cri
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16-01-2017 | PRESS RELEASES
What would equivalence mean for the City of London?
16 January 2016, London: Parker Fitzgerald (PFG), the specialist risk consultancy, has responded to reports that TheCityUK has dropped its demand for continued access to the single market, instead dec
08-12-2016 | POINT OF VIEW
Regulation and Reporting in 2017: A Challenge Too Far For Banks?
It is no secret that banks have been under increasing levels of pressure on regulatory and reporting requirements for some time. The increasing cost and complexity of prudential requirements, structur
31-10-2016 | POINT OF VIEW
What will Theresa May’s Premiership mean for Banking and Risk?
It has been almost four months since the EU Referendum and financial markets now largely recognise that we have entered a period of prolonged uncertainty in the economic and policy environment. Whi
20-10-2016 | POINT OF VIEW
The Evolution of the CRO
The regulatory agenda doesn’t focus on optimising shareholder value – instead it aims to maintain financial stability in the economy. CROs are placing so much emphasis on meeting regulatory req