In the ten years since the financial crisis, the global regulatory framework has been radically transformed to improve the resilience of financial institutions, regain investor confidence and enhance the overall financial system. Although the pace of regulatory reform has slowed in several regions, it’s clear that financial institutions continue to operate in an uncertain and demanding regulatory environment.
2019 is already shaping up to be another busy year for regulatory priorities, with a continued focus on data privacy, OTC reform and cybersecurity. While regulators in the U.S. are largely focused on regulatory reform, many of their European counterparts are still working through implementation of the 4th EU Money Laundering Directive and preparing for the impact of Brexit. Meanwhile, in Asia-Pacific, several regulators are playing catch-up in terms of anti-money laundering, financial crime prevention and data privacy regulation.
In our Global Regulatory Outlook 2019 report, we will examine:
- The upcoming regulatory milestones globally (2019 – 2021);
- The key regulatory priorities by region (North America, Europe & APAC);
- How banks can effectively manage regulatory change within their organizations.