This year’s FN100 Rising Stars list, our pick of the top 100 executives aged under 40 in European financial markets, has undergone a dramatic overhaul with only 12 stars keeping their places from last year. The sixth annual list reflects changes in the market, including a renewed focus on regulation, emerging markets, capital restructuring, and the increased importance of pensions funds as asset owners.

The top 100 includes more candidates than ever that are shaping new regulation and the industry's response to it: more than a fifth have been working with regulators including the Financial Services Authority, the Bank of England and HM Treasury in the UK as well as various regulatory bodies in Brussels.