Corporate backlash on costs of regulation continues
Banks will not be able to avoid passing on the hefty costs of regulatory reform to their buy-side clients, argued participants at the ACI UK’s annual square mile debate
The backlash from corporate treasurers over the likelihood that new financial regulation will drive up the cost of hedging continued last week, as panellists at the ACI UK Financial Markets Association's annual Square Mile Debate in London argued there is now more uncertainty than ever.
"The thing we are worried about is the cost of these regulations. We think it is going to be difficult for banks to avoid giving the costs to us unless they're going to make more money out of other parts of the
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