Report on Impact of Regulatory Changes in the Financial Sector
Report

Impact of Regulatory Changes in the Financial Sector

According to an article published on Thomson Reuters, the financial sector deals with 200 regulatory changes daily and these numbers are still increasing.

351
Download Button 123
Name *

Company Email *

Company Name *

I agree to receive the latest updates, information, and relevant offers from Shufti Pro.

What’s Inside?

  • Regulations for Banking and Financial Services Organisations
  • Recent global trends in KYC/AML
  • Changing regulations with the changing world
  • Transforming Compliance in Financial Services
  • Leveraging technologies
  • RegTech

The financial landscape and the business models of financial institutions in advanced economies changed significantly in the run-up to the crisis. Financial institutions across the world, especially in advanced countries can largely benefit from adopting automation. Leveraging technologies like AI, machine learning and RPA is the key to adhere and adopt ever-changing regulations.

If we look in today’s marketplace, banks and other FIs have greatly expanded the scope of their services. From legalizing global transactions to approving Card Not Present (CNP) transactions, the financial sector has covered a long path but with this expansion, the financial sector has also increased the complexity of their activities and is now facing an ever-challenging and increasingly complex regulatory environment. On the other hand, state regulatory agencies, investors, legislators, and the general public are focused on institutions’ consumer practices and regulatory compliance performance more than ever due to increased fraud rates. In this highly challenging environment, compliance failure can result in financial penalties.

In an environment where boards and individual senior managers are increasingly being held to account for their actions, financial services firms will need to ensure they have the foresight, governance, skills and operational capabilities to adapt and respond effectively.

  • real estate

    Need for Identity Verification To Deal With Money Laundering Threats in Real Estate Sector

    View Detail White Paper
  • Onboarding Remote Employees: How Identity Verification Can Reduce Risks in Hiring Process

    View Detail White Paper
  • Whitepaper healthcare

    How Automation will Improve Operational Efficiency in the Healthcare Industry

    View Detail White Paper
  • Whitepaper telecom

    Automated ID Verification System to Tackle Telecom Frauds

    View Detail White Paper
  • whitepaper KYC-AML-compliance-for-ICOs

    Launching an ICO? Learn Why KYC and AML Compliance Matters

    View Detail White Paper
  • fintech-customer-video-KYC-img

    Fintech customer onboarding through video KYC

    View Detail White Paper
  • Impact of Regulatory Changes in the Financial Sector

    View Detail Report
  • New account Fraud

    New Account Fraud- A new breed of scams

    View Detail Report
  • Tackling fraud while giving a seamless experience to the players

    View Detail White Paper
  • How Businesses can prevent fraud during COVID-19

    How businesses can prevent fraud during COVID-19

    View Detail White Paper
  • Need for online age verification to protect minors

    Need for Online Age Verification to Protect Minors

    View Detail White Paper
  • Biometrics for Identity Verification

    Biometric Technologies Reshaping Identity Verification

    View Detail White Paper