Listeners to The MiFID Podcast may be interested to note that Voices in Business recently launched a new podcast series entitled “Progressing Financial Markets”, which challenges Industry Leaders to set out their vision for how Financial Markets companies can respond positively to uncertain times.
The latest episode of the series features Michael Dawson, CEO of Promontory Financial Group (UK) Ltd, discussing the changing face of Regulation in the wake of the recent turmoil in the world’s financial markets.
Michael is responsible for Promontory’s European practice, focusing on global risk management solutions for European-based banks and the European operations of banks headquartered elsewhere in the world. He also leads the Group’s extensive practice in global anti-money laundering compliance. Prior to joining Promontory in 2004, Mr. Dawson was Deputy Assistant Secretary for Critical Infrastructure Protection and Compliance Policy at the U.S. Department of the Treasury.
In this interview, Michael discusses with Keith Saxton of IBM and Mike O’Hara of Voices in Business the trend for greater co-operation between regulators, the challenges that need to be faced by national governments, the dangers of both “knee-jerk” reactions and inaction, some of the problems associated with Basel II, and the impact of technology on regulation.
More details about this new series can be found at http://www.progressingfinancialmarkets.com
To listen to the podcast right now, click on the player icon below