As the financial sector struggles to come to terms with wave after wave of post-crisis legislation, the atmosphere between bankers and regulators has become somewhat frosty. So it is perhaps a surprise that the chief executive of the two-year-old International Centre for Financial Regulation likens her organisation’s mission to hosting a successful summer party.

Barbara Ridpath said: "[Our summer party] was almost an analogy to what we do on a professional basis, which is to bring people from different backgrounds that wouldn't normally interact with each other to talk about the same subject."