The Financial Markets Regulatory Outlook 2021 is an analysis of the regulation of the financial sector. This study takes stock of the key themes of the year that begins and focuses on how the health crisis will impact companies in the financial sector.

The impact of Covid-19 on credit quality has raised concerns, both about the ability of the financial sector to react quickly in the event of a worsening, and about the longer-term relevance of certain business models.
According to the Financial Markets Regulatory Outlook 2021, institutions will have to manage potential losses in the value of their assets. They will also need to take the necessary steps to overcome the crisis and transform their business models in order to adapt to this "new normal".
The study also reveals that Interbank Offered Rate (IBOR) rates are entering their final year. Although tools have been proposed to facilitate the upcoming transition, there is a risk that the transition will not be orderly.
Several other aspects of the financial sector have been addressed in this paper, namely : post-Brexit ; the sustainability of activities ; the conduct of business ; corporate culture and governance ; the deployment of digitalisation and innovation ; financial crime in the era of the "new normal" ; the divergence between British and European regulatory principles and resistance to hazards.