Progressing Financial Markets » PFM03

Michael Dawson

Welcome to Episode Three of Progressing Financial Markets, a podcast series brought to you by Voices in Business and sponsored by IBM.

On today’s show, we talk to Michael Dawson, CEO of Promontory Financial Group (UK) Ltd, about the changing face of Regulation in the wake of the recent turmoil in the world’s financial markets.

Michael is responsible for Promontory’s European practice, focusing on global risk management solutions for European-based banks and the European operations of banks headquartered elsewhere in the world. He also leads the Group’s extensive practice in global anti-money laundering compliance. Prior to joining Promontory in 2004, Mr. Dawson was Deputy Assistant Secretary for Critical Infrastructure Protection and Compliance Policy at the U.S. Department of the Treasury.

In this interview, Michael discusses with Keith Saxton of IBM and Mike O’Hara of Voices in Business the trend for greater co-operation between regulators, the challenges that need to be faced by national governments, the dangers of both “knee-jerk” reactions and inaction, some of the problems associated with Basel II, and the impact of technology on regulation.

A full transcript of this episode is available here.

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Links:

Promontory Financial - www.promontory.com

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