Changes in the structure of financial markets -a view from London

Quarterly Bulletin 1985 Q1
Published on 01 March 1985

The Deputy Governor describes changes that have been taking place in the regulation and structure of financial institutions-internationally and in London.

There is a growing worldwide integration of financial intermediation, and for a financial centre such as London to compete effectively many traditional practices have to be changed. But change cannot always be gradual, and responding to it exposes financial institutions to risks. Many UK institutions will need to expand their capital and skills to cope with the new risks and greater competition. And supervisory authorities in the major centres will find it increasingly necessary to co-operate in regulating internationally-organised groups.

PDFChanges in the structure of financial markets - a view from London


Changes in the structure of financial markets -a view from London

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