Champagne Compliance on a Bread and Water Budget

Champagne and Caviar Compliance Budget on a bread and water budget

What’s the biggest compliance challenge in financial services?Research by Thomson Reuters uncovered this very candid response from a senior compliance professional:“Rolling out a champagne and caviar compliance program on a bread and water budget.”Why is it so hard? Here are a few reasons: The volume and pace of regulatory change is unrelenting. The breadth of […]

Regulatory Change – Building Financial and Operational Resilience

RegulationCity - Your Destination for every Financial Services Regulation

Every year, Australian financial services businesses are faced with a staggering amount of regulatory change.  Ensuring a resilient financial system demands that the regulatory environment adapt quickly to new development.  Compliance, risk and legal professionals are regularly called on to grapple with an enormous number of regulations, including over 2,500 updates issued by the likes […]