This content was last reviewed around October 2021. All content is for informational purposes only and may not reflect the most current legal and regulatory developments. All summaries of the laws, regulations and practice are subject to change.

Executive Summary

The financial services industry is undergoing sweeping changes driven by regulatory developments, rapidly advancing technology, ESG concerns and continued consolidation in the sector. The far-reaching impact of financial reforms, intricacies in their implementation, and conflicting regulations in different jurisdictions can expose businesses to increased regulatory risk.

Baker McKenzie's Financial Services Global Regulatory (FSR) Guide has been updated for 2021 to incorporate changes across the globe in this rapidly evolving regulatory environment. The Guide acts as a quick reference tool when distributing financial products into new markets, providing a comprehensive summary of regulations applicable to banks and other financial services companies around the world.

To discuss expansion into new markets, or to answer your questions, please do get in touch. Contact details for each country can be found at the end of the relevant chapter.