KPMG: 90% of executives expect systemic risk regulationNews added by ProWEB Media on June 24, 2010
Gary Linnell

ProWEB Media

Joined: December 27, 2005

Senior banking and financial services executives expressed the view that financial reform legislation related to systemic risk and the creation of a consumer protection agency is likely to be enacted and that they expect these regulations to most impact their businesses if implemented.

In the KPMG survey, nearly 90 percent of the banking and financial services executives believed systemic risk regulation will be enacted and more than half expect this regulation to most impact their businesses if implemented.

The creation of a consumer protection agency was cited by 87 percent of the executives as likely to be enacted and was cited second most frequently as a regulation most impacting their business if implemented.
The views expressed here are those of the author and not necessarily those of ProducersWEB.
Reprinting or reposting this article without prior consent of Producersweb.com is strictly prohibited.
If you have questions, please visit our terms and conditions
Post Press Release