Regulation helps financial services grow: Deloitte

Singapore

REGULATION in financial services has helped the industry to grow, contrary to the oft-heard complaints from bankers on the increased cost from more compliance burdens.

Not only do global financial services executives believe regulation has enabled business growth; they are expecting more to come, according to the results of a Deloitte Touche Tohmatsu survey. Some 57 of these executives said regulation has helped their business gro…