I would also like to thank all of you all for attending today’s lecture. In keeping with our past lectures, I hope this one will also challenge your beliefs, encourage you to think outside your comfort zone, and hopefully trigger a lively, thoughtful and constructive debate. 15. Without further ado, let me now invite Dr. Zhou to share his thoughts with us.
A Kansas City Reserve Banks study echoes these anecdotes, which indicate that the volume and complexity of regulations require specialized expertise that can be costly and difficult to find. 11 The competitive landscape for financial services and products is also a key consideration in developing and executing a de novo bank’s business plan.