Identifying and tackling frictions in the UK and US regulatory regimes for global banks

There is a deep level of financial services trade between the UK and US, with both markets providing a significant level of financial services trade and investment to each other.

To help further develop this trade in our latest paper, published in collaboration with Shearman and Sterling LLP, we identify and tackle frictions in the UK-US regulatory regimes for global banks operating both in the UK and US. The paper considers potential tools regulators can use to mitigate these frictions, focusing on regulatory capital issues, resolution planning requirements and other areas of bank prudential regulation.