The new directive and regulation aim to separate prudential requirements for banks and investment firms, but market participants denounce unnecessary complexity and a ‘copy-and-pasting’ exercise from CRR/CRD rules
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Alice is Americas Editor for IFLR, with a responsibility for the US markets, particularly covering how they interact with the UK and Europe. She regularly touches base with market participants positioned both on the buy and sell side, but also with a large number of advisors and consultants across all parts of the market. Previously, she focused on benchmark reform and Brexit.