AFME recently published a new report, ‘Impact of Regulation on Banks’ Capital Markets Activities: An ex-post assessment’. While there have been many forward-looking studies examining how banks may respond to regulatory reforms, this study is the first that examines the actual impact of regulations 10 years on from the global financial crisis.

This member briefing examined key findings from the study. Members were joined in the Briefing by Nick Forrest, Director, Financial Economics, PwC, Michael Lever, Managing Director, Head of Prudential Regulations, AFME, Rick Watson, Managing Director, Head of Capital Markets, AFME and Pablo Portugal, Director, Advocacy, AFME