Can regulation improve culture? It's the biggest
question facing the architects of the UK's senior managers'
regime, which has been in effect since March 7 this year and is
already being eyed up by other jurisdictions. An IFLR poll
earlier this year revealed that 55% of readers don't think it
Implementation came and went, banks introduced new issue
reporting practices and appointed designated senior managers,
and so far there's been relatively little to say about the
But an op-ed by the head of the UK financial services
regulator Andrew Bailey – his first since taking up
the role three months...