The fifth annual release of the Global Regulatory Outlook (GRO) aims to assist the global financial services industry in navigating the key regulatory developments for 2017.

Although the president of the United States may not initiate legislation, but he enjoys the authority of the bully pulpit, as well as the presidential veto. Republicans hold both houses and President Trump is eager to make substantial changes.

"Despite the promises to 'dismantle' Dodd-Frank, changes are likely to be piecemeal and the extent of reform (or otherwise) won't be clear for some time," as Rosemary explains.

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