What's wrong with the new finance industry regulations

David Childs, global managing partner of international law firm Clifford Chance, gives his views on the impact of new regulations on the banking industry.

Two years on, are we better prepared for the collapse of a multinational bank With reams of new regulations committed to law, one would think so. However, David Childs, global managing partner of international law firm Clifford Chance, sees a very large chink in the shiny new armour.

You've lived through this crisis, working closely with some of the world's largest financial institutions and companies. Are we out of the woods
We have come a long way but, despite all the reforms underway around the world, no-one has thought to reform and coordinate insolvency law at an international level. The regulation we've seen since 2008 has been designed primarily to prevent future crises, rather...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222