Introduction to financial regulation
After the 2008 financial crisis, governments across the world were empowered to push for financial reforms designed to provide greater transparency of transactions and reduce risk in order to make financial systems more stable and better regulated, and to make global markets safer. Furthermore, new capital and bank structure rules are intended to strengthen resilience to any future financial crises and to provide greater consumer protection.
HSBC is committed to implementing the resulting regulations and raise the level of awareness of the reforms among our clients. We see change arising in four key areas: