Podcast Location:
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Banking and Financial Services
CPD Points:
Up to 1 point. details »

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Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

  • FREE
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Course Aims:

This podcast aims to provide an overview of the new areas of regulation for banks. It considers the impetus behind these regulatory proposals and looks at how the key issues are being addressed in practice. The concepts of "too big to fail" institutions, "moral hazard" and "living wills" are explored. This podcast examines the EU proposals and compares and contrasts these with the US and UK proposals before commenting on the likely impact on international banks.

After completing the course you will:
  • Be aware of the international regulatory proposals affecting banks;
  • Understand the reasons these reforms were implemented;
  • Know what is meant by a "too big to fail" institution;
  • Understand the concept of "moral hazard";
  • Know what a living will is and the requirements for a living will;
  • Appreciate the impact these regulations will have on the banking industry and the lines of businesses that will be affected by the regulatory proposals.
Specialist Difficulty: 5 of 5
Legislative Updates
Market Update / Hot Topic
Sources and References:
  • Dodd-Frank Act;
  • European Commission Proposal for a Regulation on OTC derivatives, central counterparties and trade repositories (15 September 2010);
  • http://ec.europa.eu/internal_market/financial-markets/docs/derivatives/20100915_proposal_en.pdf.

Capital markets practitioner Peter Green, a partner in the London office of law firm Morrison & Forester, discusses the global regulatory proposals (other than those relating to capital requirements) that are set to impact the banking industry.

Podcast last reviewed: 2011-11-17

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