A survey from the Depository Trust and Clearing Corporation, the US post-trade utility provider, has revealed that the potential unintended risks of far-reaching regulations are keeping bank executives up at night.
DTCC asked 80 clients - the majority of which comprised major banks and brokers - to rank the top 10 risks facing the financial industry. Top of the list was the worry that the glut of new rules is forcing banks to lose sight of day-to-day risk.