One year on from the collapse of Lehman Brothers, and in the wake of the G20 gathering in Pittsburgh, Norton Rose LLP continues to track market sentiment in relation to the global financial crisis. During these twelve months we have witnessed the implementation of legislative proposals and measures at both a national and international level, with the aim of preventing another crisis in the future. Some of these have been heavily criticised, others accepted as necessary.

More recently there has been a marked shift of sentiment in the media and business community where talk is of "green shoots" – the first tentative signs of recovery. However, opinion is divided; some fear a double-dip recession. In this respect we are at a crossroads. This Norton Rose LLP survey considers this question by looking at some of the challenges and opportunities financial institutions face as they look to their recovery. We also ask whether this global financial crisis has developed as first feared: has this been a truly global financial crisis or simply a phenomenon of the West?

Our aim is to stimulate informed debate on the issues faced by financial institutions at the current time. The survey can take as little as four minutes to complete.

Click here to start the survey.