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Regulation, politics and the retreat of globalisation may impact financial markets

Some of Europe’s most influential leaders in financial services gathered in Dublin for the second annual Financial Times European Financial Forum which was held on January 24, 2017.  

The Forum brought together international industry leaders, experts, regulators and policy makers to discuss the social, economic and political considerations shaping the financial services industry.

Harry Samuel, Chief Executive Officer, RBC Investor & Treasury Services, was among the speakers commenting on the general outlook for the financial services industry. He was joined on the panel alongside Andrew McDowell, Vice President European Investment Bank, Vittorio Grilli, Chairman, CIB, EMEA J.P. Morgan, and Randall Kroszner, Professor of Economics, Booth School of Business.

Amongst his comments, Harry noted the headwinds that market participants will meet during 2017: “From my perspective, the challenges the financial services industry landscape poses fall into broadly three different categories,” he said. “The impact that regulation is having, the impact that monetary policy is having and then finally the impact of politics.”

The discussion also focused on the social and economic challenges expected to disrupt the industry, such as the impact of global regulatory change, the direction of the European Central Bank’s monetary policy, as well as political uncertainty within the European Union and the effect of the United Kingdom’s withdrawal from the bloc.

Harry also addressed some of the major political factors that could impact investment and fund allocation decisions. To listen to the full panel discussion, please click here.

For more information about the event and the speakers, please click here.