Financial regulation hits saturation point, say top risk managers

The level of regulation in financial markets has reached saturation, and now poses a significant risk to institutions, said a panel of chief risk officers (CROs) speaking at Risk’s annual Global Risk Management Conference in Monte Carlo today.

“The pendulum has now swung too far one way," said Kenneth Winston, global chief risk officer at Morgan Stanley Investment Management. "In five years’ time, it should swing back towards allowing freer markets, but with the right level of regulation,” he told delegates during the panel discussion.

But speaking at the sidelines of the event, Winston disagreed with a statement that regulatory risk was the top risk facing the industry. He said that most regulation is in place to stop freak 'Nick

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here