BNY Mellon’s Mike Sparks provides FX-MM’s ‘Expert View’

The impact of new regulations on financial institutions in the wake of the financial crisis has been significant. Yet while the regulatory changes are undoubtedly challenging – in terms of the practical difficulties and cost of compliance – they present the financial industry with the opportunity to re-evaluate the way it works. In FX-MM, Mike Sparks, Senior Risk Manager, Managing Director, BNY Mellon, describes the impacts of regulatory demands and explains why their sheer scale could be a catalyst for beneficial change.

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