Ben Kingsley is a partner in Slaughter and May's Financial Regulation Group. On a regular basis, Ben shares his thoughts with PLC Financial Services subscribers on topical developments in the banking and investment services sector.

In this June 2013 column, Ben comments on the regulatory approaches of the FCA and PRA, the recent report by the Parliamentary Commission on Banking Standards (PCBS): Changing banking for good, and the Law Commission's review of fiduciary duties.