Keeping an overview and not losing sight of the overall regulatory initiatives is key to remain on the road to success. This is especially true for people working in the financial markets. Recent years have seen an explosion in the number and scope of financial market regulations - not just in Switzerland, but in the EU and the rest of the world too (e.g. MiFID II, Basel III). Regulations have and will continue to radically change the banking landscape as they seek to rebuild the credibility of the financial markets.
There is an inherent risk for financial institutions of missing out on critical topics (e.g. Sustainability regulation, EBA outsourcing standards, Basel IV) or taking required actions too late.
Moreover, financial institutions must satisfy regulatory consolidation requirements to varying degrees depending on their structure and cross-border business activities.
To stop you getting wiped out by the regulatory avalanche, we have come up with the Regulatory Radar. A web-based tool that makes sure you do not lose sight of any regulatory initiatives. At the same time you will receive a tailor-made solution that analyses regulatory initiatives and draws your attention to potential actions.
As part of our Regulatory Radar offering, we also closely monitor the comprehensive measures taken by financial market regulators around the globe in response to the COVID-19 pandemic. To help you remain on top of the constant regulatory updates, our tool helps you navigate the complexities of the crisis and the policy responses.
In view of the rapidly changing regulatory landscape, the Regulatory Radar is focusing on sustainable finance, allowing users to keep track of the latest sustainability-related trends worldwide. Given the broad monitoring scope, this unique feature helps you to be ‘sustainability-compliant’ and anticipate new legal obligations well in advance.
Dr. Antonios Koumbarakis
Head Strategic Regulatory & Sustainability Services, Legal, PwC Switzerland
Tel: +41 58 792 45 23
Strategic Regulatory & Sustainability Services, Legal, PwC Switzerland
Tel: +41 58 792 47 19