Mark Hoban spoke on how the structure of regulation is changing. He looked at how the UK Government tried to stem panic in the financial system and how the tripartite system was found wanting. He discussed the UK’s priorities in negotiating the current changes to EU Directives and the challenges of changing regulation. He focused on the need not to regulate disproportionately or in a way that creates barriers to entry. He also discussed the importance of recognising the regulatory needs of different markets. (Source: Mark Hoban Speech to ICSA)