Leading UK Challenger Bank Calls For Regulatory Reform in Banking

OakNorth, a successful new challenger bank in the UK, is calling on the UK Treasury to use Brexit as an opportunity for regulatory reform in banking. They argue that Brexit presents an opportunity to move the UK away from the European Banking Authority’s onerous Basel standards that must be adhered to by all banks regardless of size. Small businesses will get more access to capital with less onerous standards for smaller banks. Source.

Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech.

LendIt Fintech conducts three conferences a year for the leading fintech markets of the USA, Europe, and Latin America. LendIt also provides cutting-edge content all year long via audio, video, and written channels.

Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.

Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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