Banks will continue to feel the noose tighten in the form of additional crisis response regulation.
If there is one area where banking regulators are not letting up, it is in the creation and implementation of more crisis response regulation. “Resiliency will remain a dominating regulatory theme through 2016. This reflects both the wholesale recalibration of existing regulation and the drawn-out implementation of crisis-response reforms,” says Thio Tse Gan, executive director – Southeast Asia at Deloitte Asia Pacific Centre for Regulatory Strategy.