The increasing burden of regulation has been identified as a key disruptor for financial services firms in 2022 by a study by the Confederation of British Industry (CBI) in conjunction with accountancy firm PwC.
The most common driver of disruption for financial services firms was cited as regulation (64 percent), this was followed closely by accelerations in digital technologies (60 percent).
Additionally, 69 percent of financial services firms are responding to disruption by employi...