Sheer volume of new regulations is 'risk in itself'

Henry Irving at the British Bankers' Association

Banks are at risk of missing the essential triggers of a financial crisis because their attention is focused on implementing ever-increasing regulation relating to systemic risk and market stability, say industry insiders. "Banks are having to divert resources to deal with regulations being thrown at them in a non-systematic manner," said one attendee at an event in London hosted by the Centre for the Study of Financial Innovation with speakers from Gatehouse Bank, IBM and Paradigm Risk. "Surely

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