Alastair Holt and Simon Treacy have co-authored the UK chapter for GLI’s Banking Regulation 2024.
Banks continue to operate in a challenging economic environment. They also face tighter standards around how they identify and manage risks relating to ICT and ESG. New rules on operational resilience and greenwashing present new legal risks for firms to manage.
Recent changes to the law pave the way for more regulatory reform. This includes deregulation in some areas (such as banker bonuses) and new regulation in others (such as cryptoassets).
Read the chapter for an overview of the regulatory framework for banks in the UK.
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