Fourth, the rise of nationalist sentiment across a broad range of economies could result in in an increase of protectionism worldwide, in a context in which new trade restrictions returned in 2016 to the trend levels observed since 20094 and a shift towards more opaque measures of protection is taking place. 4  World Trade Organization (2016): “Report on G20 Trade Measures”, 10 November.
The biggest challenge is to build capacity at a rate which matches the loss of existing talent and skills to retirement, poaching and resignations. The training initiatives must ensure that the available talent pool in the banks is able to always keep pace with the fast changing ways in which banking is conducted.