23-11-2017 | POINT OF VIEW
A budget for FinTech and the future of the City?
The Chancellor Philip Hammond presented his much-anticipated Budget yesterday amidst intense and competing political and economic pressures. The political picture has changed significantly since th
15-11-2017 | POINT OF VIEW
EBA recommends supervisory actions for consistency of capital measures
The European Banking Authority (EBA) published the result of its assessment of the consistency of risk-weighted assets (RWAs) across all EU institutions that use internal models for calculating capita
06-11-2017 | POINT OF VIEW
Artificial Intelligence use in finance merits far closer scrutiny
Much has been done to address the root causes of the global financial crisis and to ensure a more resilient financial system. Yet in its latest report examining financial stability concerns associated
12-10-2017 | POINT OF VIEW
What does a post-Brexit London tell you about the future of finance?
The City is widely expected to remain Europe’s Financial Capital following Brexit. But to retain its global leadership in Financial Services, the City needs to respond to the challenges of Brexit an
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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.
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