Analyst views | What effect will the banking commission’s proposals have on the City?

 
Tim Wallace
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BILL MICHAEL KPMG
It would usher in an extremely tough regime. Many of the proposals go beyond what is required in Europe or internationally – for example on leverage.

ROGER BARKER IOD
“We welcome the desire to encourage more new entrants into banking. Competition can be much more effective than regulation at improving customer experience.

CHRIS CUMMINGS THECITYUK
It is important individuals be held accountable for their actions. A regime in which robust sanctions deter wrongdoing is important for the UK’s reputation.