Anthony Browne, chief executive of the British Bankers' Association, has said the Chancellor George Osborne's Banking Reform Bill makes it "more difficult for banks to raise capital".
This will create uncertainty for investors, making it more difficult for banks to raise capital, which will ultimately mean that banks will have less money to lend to businesses.
Above all, what banks and business need is regulatory certainty so that banks can get on with what they want to do, which is help the economy grow.
More top news
Doctors in Australia have reattached 16-month-old Jaxon Taylor's head to his spine after he was 'internally decapitated' in a car accident.
Alan Titchmarsh becomes the new chancellor at the university where I and my daughter both studied, writes Alastair Stewart.
Heavy showery rain will continue to push northeastwards across the north of Britain during the rest of today.