The impact of financial regulation will be to reduce the availability of funding, warns Selwyn Blair-Ford, a senior domain expert for risk and regulatory compliance vendor FRSGlobal.
It's only when corporations start screaming that they really cannot get loans, that policymakers are likely to ease the pressure on banks and allow them to increase the amount of available funding, he said. In a strange way, much of the future of financial regulation is actually in the hands of the combined voices of corporate treasurers.
Blair-Ford's warning of the impact of onerous financial regulation on corporate finance came at a serious breakfast discussion on regulation and risk in Hong Kong. Blair-Ford, who covers...
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