LONDON/NEW YORK(Thomson Reuters Regulatory Intelligence) – Seventy-four percent of firms expected the focus on managing regulatory risk to increase in the coming year, with 24 percent expecting a significant increase, according to a Thomson Reuters survey. The Cost of Compliance annual survey reviewed the challenges financial services firms expect to face in the year ahead.
A man is reflected on the glass facade of the Bonn Post Tower as he enters the headquarters of German postal and logistics group Deutsche Post DHL in Bonn March 8, 2012.
The survey, now in its ninth year, generated responses from more than 800 senior compliance practitioners worldwide, representing global systemically important financial institutions (G-SIFIs), banks, insurers, broker-dealers and asset managers. As…
