Search

The article discusses how the regulatory pressure influences in-house teams in the banking industry. It mentions that banking sector general counsel are continuing to overhaul their in-house legal teams in response to intense regulatory scrutiny on the industry such regulatory-related fines. It mentions topics including Citigroup Inc. general counsel Brad Gans, collateralised debt obligations (CDO), and Co-operative Bank PLC general counsel Brona McKeown.

In this article the author discusses the implication of the move of the Conservatives remake the regulatory system and the Liberal Democrats to remake the banking system in England. The author stresses that the agreement between the two parties provides a basis for analysing the future of banking regulation. The author notes that through the effort, the Bank of England will be given control of macro-prudential regulation and the oversight of micro-prudential regulation.