Blog

The EU tightens its regulatory framework with EREP 2023, aiming for convergence. Institutions must adjust by improving capital, IT systems, and liquidity management. Harmonisation benefits multinational firms, but flexibility may reduce.

ESMA's MiFID II product governance guidelines enhance market transparency, benefitting investors worldwide. Compliance, proactive measures, and timely implementation are vital for institutions to thrive.

The EBA introduces flexible draft RTS for market risk management, allowing deviations in exceptional circumstances. Transparent conditions acknowledge unique challenges in diverse sectors. Stakeholders actively participate via webinar for a balanced regulatory framework. Deadline: Nov 3, 2023.

UK's FRC reports foresee enhanced financial regulation, boosting trust and investments. Firms must fortify auditing practices, professionals adapt to higher standards. Compliance culture vital. Changes expected from, elevating UK's global standing for growth and innovation.

RegTech streamlines compliance in finance by leveraging AI and Big Data. It aids in reducing costs, managing risks, and preparing for regulatory shifts. By fostering innovation and collaboration, it's setting new trends in financial sector regulation