Trump deregulation could bring more Regulatory divergence for Canadian firms in the U.S.

Calls to roll back financial regulation by United States President-elect Donald Trump have prompted compliance professionals to question what such deregulation would look like, and what it would mean for foreign banks operating in the U.S. He has yet to confirm specifics on deregulatory efforts, a departure by the U.S. from regulatory guidance issued by supranational bodies would complicate regulatory compliance management for Canadian firms.