Alistair Darling will outline a tough regulatory regime on Wednesday for the financial services industry that would impose heavier capital and liquidity standards on banks that pose the greatest risk to the financial system.

New world of financial regulation

FT data outlines changes proposed by regulators in the US and European Union in five key areas

Presenting a keenly awaited paper on how to avert future financial crises, the chancellor will instruct the Financial Services Authority to draw up stricter rules for the riskiest banks and financial institutions.