Regulatory arbitrage worsening, says Lloyds head

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The financial industry as a whole remains concerned about problems caused by regulatory arbitrage, according to discussions at the Ninth Annual Corporate Accountability Conference, held in London on December 9.

From the presentations and discussions at the event it seems firms remain unsure of the what the future regulatory regime will look like and how it will affect their business.

Keynote speaker, Winfried Bischoff, chair of Lloyds Banking Group, says "there hasn't been nearly as much co

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