A new study reveals that 77% of senior managers in the financialservices sector would consider ending relationships with clients ina particular jurisdiction because of local regulatory requirements and their global consequences, anew report shows.

Global professional services firm Kinetic Partners, New York,released this finding in “Global Regulatory Outlook.” The studyexplores the views of senior executives within the banking, brokingand asset management industries.

The report reveals that more than eight in 10 (86%) of chiefoperating officers say they would consider ending relationshipswith clients in a particular jurisdiction over the potentialconsequences of local legislative requirements. Additionally,78% of chief compliance officers and 66% of chief executive officers shared the same view.