Lawyers are not really accepting enough of changes. Often this is a genuine reaction to unworkable regulation, but it is something we should be aware of.
A warning not to be too resistant to change
Weve gone from a regulatory kiss on the cheek to a regulatory bear hug.
Lawyers are feeling the squeeze of more intrusive regulation
Its not a slam dunk that we continue with numerical capital adequacy at all.
A reminder that Basel is just a framework
The broad regulation agenda has been dropped very quickly. The idea was that there would be...