With financial services regulation developing at pace in areas such as ESG, Fintech and new technologies, our newly launched horizon scanning tool, the Global Financial Services Regulatory (FSR) Momentum Monitor enables financial service providers to plan and prepare for coming regulatory developments across the jurisdictions in which they operate.
In this new episode of FInsight: Global Financial Institutions Industry Podcast, Karen Man and Jennifer Klass, financial regulatory partners in Hong Kong and New York respectively, talk about the survey and and share perspectives on what clients are experiencing in the market. They also give situational examples in light of the continuing push for digitalization and sustainability, including relevant action items for senior executives.
Everything to Gain? Funds and New Frontiers for Artificial Intelligence is a new infographic created by Euromoney Thought Leadership Consulting and commissioned by Baker McKenzie, outlining opportunities and challenges for AI in the Financial Sponsors sector. With increasing activity around AI in the space, this infographic outlines the potential, current applications, challenges, and risks relevant to market players.
On a high level, there remains a lot of uncertainty around the region – the means and spread of any economic recovery, and what structural changes it will bring in the longer term.
As 2021 comes into view, what can we expect to be at the top of regulators’ agendas? As well as continuing priorities like sustainability, innovation and consumer protection, we think prudential reform will be a key issue in 2021, along with the reshaping of the UK regulatory landscape beyond Brexit. We’re delighted to share our predictions in our briefing What does 2021 hold?, which explores regulatory hot topics for financial institutions to watch in 2021.
Belgian government agencies directly responsible for Belgian FIs and the European Central Bank announced a series of measures to ensure that financial institutions under their direct supervision continue to finance the real economy to mitigate the economic effects of COVID-19.