Executive director of regulatory solutions, ConsenSys
Since the financial crisis in 2008 the speed of regulatory change has accelerated rapidly, consuming an increasing amount of time and resources. In 2014, the top six banks in the US spent over $US70 billion on emerging regulation.
When the US Federal Reserve raises interest rates we assume that means tighter financial conditions leading to a slower economy and knock-on impacts to the share market. However, reality is not quite that simple.