This guide was written by Joe McHale and Christian Benson, Regulatory Affairs Specialists at Bloomberg.
Financial regulators undeniably have a lot on their plate right now. Many of the issues they face such as financial stability, the push for climate action, and role of retail investors, have been heightened by the Covid-19 pandemic. As Europe begins to emerge on the other side of the pandemic, there are many who see this period as an opportunity for long-lasting regulatory reform.
The UK’s formal departure from the EU has further upended the usual dynamics in Europe, and for all the challenges involved there is now an opportunity for both the EU and the UK to shape financial services regulation in a way that is better aligned with their own internal processes and politics. With the second half of 2021 underway, policymakers in the EU and the UK are looking to build on their groundwork with a range of exciting developments across the financial services landscape.
Don’t bet against this one running into extra-time.
