A top banking executive has highlighted growing resistance within the financial sector to proposed regulatory changes, suggesting the pushback is widespread rather than isolated. Concerns appear centered on potential operational disruptions and compliance challenges that could arise from the new rules. Industry figures warn that the measures may impose unintended burdens on businesses and investors. The remarks underscore a broader debate over balancing stricter oversight with maintaining market efficiency.
Comments from chief executive of EFG International signal how opposition to new rules extends across the industry
