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.
Dr. rer. pol. Antonios Koumbarakis
PwC | Senior Manager | Head Strategic Regulatory Foresight and Macroprudential Intelligence Service | Legal FS Regulatory and Compliance Services, PwC Switzerland
Tel: +41 58 792 45 23
Assistant, PwC Legal FS Regulatory & Compliance Services, PwC Switzerland
Tel: +41 58 792 47 19