The financial services industry is undergoing sweeping changes driven by regulatory developments, rapidly advancing technology, ESG concerns and continued consolidation in the sector. The far-reaching impact of financial reforms, intricacies in their implementation, and conflicting regulations in different jurisdictions can expose businesses to increased regulatory risk.

Covering 35 jurisdictions – including both key financial centers and emerging economies – Baker McKenzie’s Financial Service Regulatory (FSR) Guide answers the following questions:

  1. Who regulates the banking and financial services sectors?   
  2. What are the main sources of laws and regulations?
  3. What types of activities require a license?
  4. How do licensing requirements apply to cross-border business into the country?
  5. What are the requirements to obtain authorization?
  6. What is the process for becoming authorized?
  7. What financial services “passporting” arrangements with other jurisdiction are available?

New to this year’s version is coverage of anti-money laundering regulation and the regulatory status of crypto-assets.

You can view the Full Guide on our Resource Hub or Download a Copy on


Karen Man is a partner in Baker McKenzie’s Financial Services group, leading the non-contentious Financial Services Regulatory practice. Her clients include global, Chinese and local banks, fund managers, brokers/dealers, money service operators and fintech firms. Karen is admitted to practice in Hong Kong, the UK, and Australia.