Planet Mundus

Who has the power: Banks or regulators? Banks in the UK can be seen lobbying to pressure regulators to pass or scrap a certain piece of regulation. Researchers say they also use their close relationship with regulators to channel their views, especially major banks. In this Planet Mundus Short, reporter Nehal El-Sherif tells the listener another story. She looks at how the new, challenger banks see the regulations and how they perceive their relationship with the regulators in an industry still dominated by few major, influential banks. This Planet Mundus Short was produced in May 2016 - before the EU referendum in Britain - as part of Nehal's MA dissertation at City University London. Music used under CC licences.