Today’s guest pinpoints the “very technical” but overly complex regulatory requirements underpinning financial markets that he believes regulators could rethink to generate “big savings” for both themselves and the market participants they oversee.
He discusses the lessons he would like to see industry players take on board and the changes he believes policymakers should consider in their efforts to prevent a repeat of recent high-profile failures including the collapse of Swiss lender Credit Suisse and family office Archegos.
And he should know. Because Edwin Schooling Latter’s career not only includes just over a decade overseeing critical aspects of wholesale market policy and supervision on behalf of the Bank of England and the Financial Conduct Authority but also eight months as Credit Suisse’s primary relationship manager with the Prudential Regulation Authority and the FCA during the bank’s collapse.
He spent a year as senior international policy adviser at UBS, following its acquisition of Credit Suisse, before joining Japanese bank Mizuho in late 2024 as its UK head of compliance.
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Short on time? You can read the episode highlights on the FT's Banking, Risk and Regulation
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