Global financial industry may be competing to relax
ANBOUND
2017 is the 10th anniversary of the outbreak of the financial crisis, but from a certain point of view, people may not have learned to lesson of self-help measures from the financial crisis. Anbound believes that the biggest problem after the crisis was the strengthening of global financial regulation yet the market did not carry out sufficient liquidation. Now Europe and the United States and other developed countries are beginning to see the rise of a wave of financial supervision relaxation. These signs are subtle but they are significant changes for the global financial markets. Although financial markets are always ahead of the regulatory system, rules and laws need to catch up with the development of the markets. If these countries compete to enter the competition to relax financial regulation and strengthen the supervision after the financial crisis, there will be delicate shifts of direction.